Decade-Old 'Sleeping Bitcoins' Awaken: $8 Million Moved From 2012 Addresses

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Decade-Old 'Sleeping Bitcoins' Awaken: $8 Million Moved From 2012 Addresses

In 2023, there’s been a marked uptick in activity from so-called ‘sleeping bitcoins’ that date back to 2012. After eight transactions totaling 520 BTC from 2012 spent four days ago, an address from 2012 moved 149.99 BTC at block height 809,204 on Sunday afternoon. The wallet, dormant for more than 11 years, began with a value of $853. Today, the cache’s value has surged to a significantly larger net worth of $3.93 million. The following day, an address established on the identical date as the prior 2012 transaction shifted 157.66 BTC in the wee hours of Monday. See more for yourself here.

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