{"id":51684,"date":"2026-09-23T14:30:48","date_gmt":"2026-09-23T14:30:48","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=51684"},"modified":"2026-09-23T14:30:48","modified_gmt":"2026-09-23T14:30:48","slug":"dormant-bitcoin-wallet-abruptly-awakens-after-hibernating-for-14-years-moves-51900000-in-btc-at-1063304-profit","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=51684","title":{"rendered":"Dormant Bitcoin Wallet Abruptly Awakens After Hibernating for 14+ Years, Moves $51,900,000 in BTC at 1,063,304% Profit"},"content":{"rendered":"

\"\"<\/p>\n

A long-dormant Bitcoin (BTC) holding is coming alive, transferring substantial funds after more than a decade of inactivity.<\/p>\n

The movement involves 600 BTC valued at approximately $51.90 million at the time of the transfer.<\/p>\n

These coins originated from a transaction first received on July 14th, 2012, and remained untouched for 14.2 years until they were moved in block 968116.<\/p>\n

The transaction occurred at 07:22 UTC on September 22nd, 2026, from the address 1K6vURxUuK6uUCeXxk31PCyDahAu1raunh.<\/p>\n

Galaxy Research highlighted<\/a> the event on X, noting the realized profit and loss.<\/p>\n

\u201cRealized PnL: +$48.71M (+1,063,304% gain) \u2013 basis ~$8 avg \u2013 held 14.2y.\u201d<\/em><\/p>\n

This single awakening underscores the ongoing activity in ancient wallets.<\/p>\n

The move comes as crypto research firm Glassnode says<\/a> Bitcoin is showing a bullish on-chain signal.<\/p>\n

\u201cBTC has flashed the momentum signal that started the last two bull markets. The <\/em>MVRV (Market Value to Realized Value) has crossed back above its 365-day average. This is the same cross that we saw in 2019 and 2023 at the beginning of each bull market.\u201d<\/em><\/p>\n

\"Image\"
Source: Glassnode\/X<\/figcaption><\/figure>\n

Meanwhile, crypto strategist Killa tells<\/a> his 232,100 followers on X that he sees Bitcoin hitting as high as $90,000 before a pullback.<\/p>\n

\u201cI am looking at the $88\u2013$90K region as an important LTF area from the December range. I would not be surprised to see a flush into the low $80ks first, before we push into the low $90ks and begin trading beneath the December 2026 range highs.\u201d<\/em><\/p>\n

\"Image\"<\/p>\n

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&nbsp<\/p>\n

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: Midjourney<\/span><\/em><\/p>\n

The post Dormant Bitcoin Wallet Abruptly Awakens After Hibernating for 14+ Years, Moves $51,900,000 in BTC at 1,063,304% Profit<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

A long-dormant Bitcoin (BTC) holding is coming alive, transferring substantial funds after more than a decade of inactivity. The movement involves 600 BTC valued at approximately $51.90 million at the time of the transfer. 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