🤑 Ancient Bitcoin Whale Wakes Up, Sniffs Roses, Moves $16M! 🌟

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By Jove, what ho! The old chap’s finally stirred from his digital slumber, has he? On-chain data reveals a Bitcoin whale, sitting pretty with a 4,000 BTC balance, has decided to stretch its limbs after a 14.3-year nap, only to spend a mere 150 tokens. What a sport! 🧔💤💸

The Ancient Marmalade-Pot of Bitcoin Breaks Its 14.3-Year Silence

According to the ever-vigilant chaps at Whale Alert, a cryptocurrency transaction tracker service, a wallet as dormant as a hibernating hedgehog has suddenly sprung to life. The address in question, brimming with 4,000 BTC, made its move on Friday. Egad, what a stir!

A bit of blockchain archaeology shows this wallet amassed its 4,000 BTC through mining rewards back in 2011. Clearly, the owner was one of those early birds who caught the worm-or rather, the block subsidy, which was a whopping 50 BTC per block. It took the old bean 80 blocks to pile up this treasure. Not bad for a day’s work, eh? ⛏️✨

Fast forward to today, after four Halving events, and the block subsidy has shriveled to a mere 3.125 BTC. A miner would now need to toil through 1,280 blocks to match that haul, though transaction fees might sweeten the deal. When our whale first pocketed those tokens 14 years ago, they were worth a modest $67,724. Today, the same stash is valued at over $440 million. That’s a profit of 650,000%! Blimey, talk about letting your money gather moss! 🤑💰

The transaction that broke the dormancy involved 150 BTC ($16.6 million at the time of transfer), as the details from Whale Alert below illustrate:

One can’t help but wonder if the old boy’s finally decided to cash in on some of that colossal profit. So far, this 150 BTC transaction is the only withdrawal, so whether more will follow remains a tantalizing mystery. Will he or won’t he? The suspense is killing me! 🕵️♂️🤔

As for the identity of the chap behind the transaction, it’s anyone’s guess. Usually, wallets this old either belong to someone who’s forgotten about them (how very absent-minded!) or have had their keys misplaced. Perhaps the original owner stumbled upon it while rummaging through their digital attic, or maybe some clever chap managed to crack the code. Or, in a less likely scenario, the miner’s just been HODLing like a trooper all these years. Hats off to him, if so! 🎩💪

Speaking of dormant coins springing to life, this year’s seen a record-breaking number of such transactions, as noted by an analyst in a CryptoQuant Quicktake post:

“In 2025, Bitcoin movements of coins dormant for 7+ years have already surpassed 2024 levels, and there are still two months left,” the quant remarked. So far, 270,000 BTC have stirred after being inactive for over seven years, and by year’s end, the record could swell to 300,000 BTC. What a bonanza! 🎉📈

BTC Price

Bitcoin, old sport, is once again attempting a recovery, with its price surging to $111,100. Will it stick? Only time will tell. For now, let’s raise a glass to the ancient whale and his newfound vigor! 🥂📊

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2025-10-25 03:06