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500 BTC dormant since 2013 moved, now worth $40.6M, signaling possible major Bitcoin activity.

Market News
11 May 2026
Blockonomi
Neutral
pluang ai news

A Bitcoin address inactive since 2013 transferred 500 BTC valued at about $40.6 million to a new wallet with no exchange ties. Originally bought for around $457,000, this represents an 89-fold gain. Such moves often hint at potential liquidation or portfolio changes, though the exact reason is unknown. This fits a trend of long-dormant wallets reactivating after Bitcoin surpassed $100,000 in late 2024, highlighting early holders' massive gains and possible upcoming market actions.

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