NewsBTC
Sep 12, 2025
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13-Year Dormant Bitcoin Wallet Moves $15M as BTC Reaches $116K

Bitcoin recently gained attention due to the movement of coins untouched since 2012.

Wallet Reactivation

  • An old wallet, first active in 2012, transferred 132.03 BTC, valued at about $15 million.
  • The wallet sent 5 BTC to Kraken and retains 308 BTC, now worth nearly $35 million.
  • Originally, it held 444 BTC, worth more than $50 million today.

Profitable Early Investment

  • The BTC was bought when Bitcoin's price was $12.22 per coin, with an initial cost of $5,435.
  • Current gains from this investment are approximately $15.60 million.

Bitcoin Price and Market Activity

  • Bitcoin is trading above $116,000, a 0.25% daily increase, and up 3% over the past week.
  • It previously reached an all-time high of $124,450 on August 14, 2025.

Institutional and Stablecoin Movements

  • Bitcoin spot ETFs saw $757 million inflows, the highest since July 17.
  • Binance experienced its largest stablecoin inflow of the year, over $6 billion.
  • Binance's stablecoin reserves are near $40 billion; total across exchanges is about $70 billion.

Market Implications

  • The movement of dormant coins adds intrigue amidst Bitcoin's rally.
  • With BTC above $116,000, significant ETF inflows, and record stablecoin reserves, the market is highly liquid.
  • This wallet activity may indicate profit-taking or repositioning but underscores the impact of early Bitcoin investments.