Miner moves 4.000 BTC dormant since 2011 after 14 years
- Old Bitcoin wallet is back in business
- Miner moves 150 BTC after 14 years of inactivity
- Whales and OG wallets reignite movement in the crypto market
A Bitcoin wallet associated with a longtime miner has awakened after 14 years of inactivity, moving part of its 4.000 BTC. The transaction has rekindled the crypto community's interest in old addresses, which have begun to reactivate amid Bitcoin's surge.
According to Arkham data, the on-chain analytics platform Lookonchain highlighted that the wallet identified as "18eY9...6EfyM" transferred 150 BTC, equivalent to approximately $16,6 million, to another unidentified address. "These 4.000 BTC were mined in 2009 and consolidated into the 18eY9o wallet in 2011," Lookonchain explained in a post on the X network.
A miner wallet 18eY9o, holding 4,000 $ BTC ($442M), just woke up after 14 years of dormancy, transferring 150 $ BTC ($16.59M) out.
These 4,000 $ BTC were mined in 2009 and consolidated into wallet 18eY9o in 2011. https://t.co/0REyaTurqJ pic.twitter.com/810ylfMbBL
— Lookonchain (@lookonchain) October 24, 2025
On October 24, 2011, 4.000 bitcoins were worth just $16.400. Today, the amount exceeds $442 million, reflecting the cryptocurrency's impressive appreciation over the decade. This move is noteworthy at a time when Bitcoin has risen 2,2% in the last 24 hours, trading at around $110.656.
Since the beginning of 2025, legacy Bitcoin wallets—known as "OG wallets"—have shown increasing signs of activity. In July, a Satoshi-era whale sold over 80.000 BTC, valued at around $9 billion, through Galaxy Digital. The episode marked one of the largest individual Bitcoin sell-offs recorded this cycle.
In recent months, other addresses that had been dormant for over a decade have also started to move again, indicating that former miners and investors are taking profits or redistributing their assets. This trend may be linked to the continued market appreciation and the search for greater diversification among large holders' portfolios.
The resurgence of these legacy wallets reinforces the historical role of early miners in shaping Bitcoin's current liquidity and highlights how assets held since the network's inception now represent hundreds of millions of dollars in fortunes.
