On the morning of Monday, August 14, 2023, at the precise block height of 803,135, a dormant bitcoin address — created on November 9, 2010 — stirred to life. After lying in slumber for an exacting 12.9 years, it awoke to spend a staggering 1,005 bitcoin, a sum swelling to an impressive value of more than $29 million.
Waking Giant: Bitcoin Address Stirs From 12.9-Year Slumber to Transfer $29.7 Million
In these modern times, bitcoin transactions from the era of 2010 have become a rarity. The last known spending of a dormant 2010 bitcoin occurred on July 24, 2023. On that particular day, a user unlocked a 50 BTC block reward, equivalent to $1.4 million. However, the movement on August 14, 2023, was tinged with a more extraordinary flair, as an astonishing 1,005 BTC, worth $29.7 million, was transferred.
The keen eyes of Btcparser.com first caught this monumental movement, while Whale Alert further corroborated the spend. Meanwhile, Blockchair’s privacy meter unmasked the transaction
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