In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89 BTC — worth more than $30 million — from seven distinct bitcoin addresses, untouched for just over six years.
1,177 Bitcoin From 2017 Move for the First Time in Over 6 Years
As bitcoin (BTC) dances around the $26K mark, several once-dormant bitcoin wallets are springing to life after years of inactivity. On Sunday, during block heights 805,096 and 805,100, about seven distinct BTC addresses roused from a six-year hibernation. These addresses trace back to July 30 and 31, 2017; six emerged on July’s final day, while one originated on the 30th.
Btcparser.com flagged all seven transactions, with the first spend emerging from the address “1HjQx.” This once-silent wallet transacted 200 BTC, and in that same block, “1LBpE” mirrored the move, transfer
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