As 2024 draws to a close, a long-dormant Bitcoin whale has resurfaced, moving over $33 million worth of BTC after remaining untouched for ten years. The owner’s patience turned what was initially a modest investment into a fortune.
The move was first reported by popular X account “The Bitcoin Historian” and sent shockwaves throughout the cryptocurrency community.
Data from Blockchain Explorer shows that the whale acquired Bitcoin in 2014 when the price was around $1,000 per BTC. Over the decade, the crypto asset reached new heights and recently broke $100,000 in December 2024.
The Bitcoin moved amounts to around 357.40 BTC. However, there is still no clear indication as to whether this was a move to an exchange wallet, a private sale or another address for safekeeping.
Dormant wallets, especially those from Bitcoin’s early days, are always closely monitored by the cryptocurrency…
