A dormant Bitcoin wallet has come to life, moving 50 BTC valued at $5 million. According to Arkham data, these coins were mined 15 years ago, making this an extraordinary moment in crypto history.
The original value of the 50 BTC at the time of mining was nearly zero, but after 15 years of HODLing, the return has skyrocketed to a mindblowing 99,999,900%. This transaction adds to the intrigue surrounding long-inactive wallets suddenly becoming active.
It’s rare to see coins from Bitcoin’s early days being moved, and such activity often raises questions about the motives behind the transfer. Whether it’s an early miner cashing out or a move to a more secure wallet, one thing is clear: holding Bitcoin for the long term has proven to be incredibly rewarding. Show Less