Massive Wealth Awakens: Long-Dormant Bitcoin Millionaire Moves $207.5 Million in Crypto, Amassing a 111,581% Gain

Shakeup in Crypto Sphere: Long-Dormant Bitcoin Wallet Transactions Cause a Stir

Bitcoin wallets, sleeping peacefully for over a decade, suddenly awaken with unexpected transactions causing a stir in the crypto community.

Unearthed Transactions According to Bitcoin explorer BitInfoCharts, a whale awoke from its slumber and moved 2,186 BTC, worth around $207.51 million at the time of the transaction, to another wallet. This wallet initially received the stash in July 2013, when Bitcoin was trading at a mere $85. Fast forward to earlier this week, with Bitcoin trading at an impressive $94,929, the wallet owner enjoyed a whopping price increase of about 111,581% over the course of approximately 142 months.

Two-For-One Deal Interestingly, the long-dormant wallet also moved a smaller stash alongside the older trove. This smaller stash was deposited into the wallet on separate occasions in 2014, with 82 BTC sent in March when Bitcoin was trading around $612, and another 75 BTC added in November when Bitcoin was trading approximately $377.

Dusting Attacks During the period of dormancy, hints of dusting attacks emerged as the wallet received trace amounts of Bitcoin, suggesting the possibility that the massive wallet could have fallen victim to such scams. Dusting attacks are typically executed with the intent of deanonymizing cryptocurrency users by sending minuscule amounts of Bitcoin to an address, thereby constructing profiles of users’ holdings and transaction activities with the eventual goal of linking the address to a real-world identity. Dusting attacks can be conducted by academics, researchers, law enforcement, or even scammers.

Bitcoin currently trades at an impressive $100,405, leaving crypto enthusiasts eager for what the future holds.

Join us on X, Facebook, and Telegram Don't Miss a Beat - Subscribe to get email alerts delivered right to your inbox Check Price Action Surf The Daily Hodl Mix

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should perform their own due diligence before investing in Bitcoin or any other cryptocurrencies. Be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl is not an investment advisor, and our participation in affiliate marketing does not influence our content.

Graphics by Midjourney

Industry Announcements

The Crypto Trading Cup Kicks Off LiveMay 9, 2025
T-Rex Raises $17 Million to Revolutionize Attention Layer in Web 3.0May 8, 2025
Flipster Makes Esports Debut as Official Crypto Exchange Partner of TALON's Dota Two TeamMay 7, 2025
Bybit Recovers Fast After $1.5 Billion HackMay 7, 2025
ProMeeters Program Launches to Boost Influencer Impact and EarningsMay 6, 2025
DogeOS Raises $6.9 Million Funding Round for Dogecoin App LayerMay 6, 2025
Casper 2.0 Goes Live on Mainnet, Posishing Casper Network for Real-World Asset EraMay 6, 2025

$*$*103,363.693.92%$*$*2,349.8718.76%$*$*639.783.9%$*$*171.3210.64%$*$*2.387.77%## Spotlight

Massive Sell-off Imminent if Bitcoin Falls Below Critical Level, Predicts Crypto AnalystMay 2, 2025
Analyst Expects 19x Rally for This Ethereum-Based Altcoin against Bitcoin by End of CycleMay 2, 2025
Trader Anticipates 150% Surge in Top-30 Decentralized Exchange Altcoin if Bitcoin Remains "Healthy"May 2, 2025
Pantera Capital's General Partner Outlines Bullish Outlook on Crypto MarketMay 2, 2025

Keeping you updated on the pulse of finance, encompassing macro trends, Bitcoin, Ethereum, crypto, Web 3, and more.

Massive Wealth Awakens: Long-Dormant Bitcoin Millionaire Moves $207.5 Million in Crypto, Amassing a 111,581% Gain