Dormant Bitcoin Wallet From April 2014 Moves 300 BTC Worth $31.1M to Bech32 Address, Originally Valued at $134K

By: defi news|2025/05/14 00:00:13

A Bitcoin wallet that had been dormant since April 2014 recently moved 300 BTC, valued at approximately $31.1 million, to a new address. The wallet originally received the 300 BTC when the price per Bitcoin was about $447, totaling around $134,000 at that time. This transfer marks the first activity from this wallet in over 11 years. The coins were moved to a fresh Bech32 address, highlighting ongoing activity in previously idle Bitcoin holdings. The event underscores the long-term appreciation of Bitcoin's value from its early days to the present.This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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