A Bitcoin address that has been dormant for 16 years suddenly awakens, with 50 BTC worth over 4 million USD.

[Coin World] A Bitcoin address that has been dormant for nearly 16 years has just been detected to have suddenly awakened!

This wallet contains 50 BTC, which is worth about 4.32 million dollars at the current price. You should know that the last activity on this address was back in 2009 — that was not long after Bitcoin was born.

15.7 years, huh? How many rounds of bull and bear markets have been experienced. Back then, you could buy a coin for just a few bucks, and now this asset is worth several million. I wonder if this holder finally remembered their wallet password, or if they have some other plans?

The activation of such an old address always leads to endless speculation. Is it for selling off for cash? Or is it just a transfer to a new address? Or is it purely to test whether the wallet is still usable?

The movements of these early miners or holders are often the focus of market attention. After all, the cost of the coins in their hands is almost zero, and once they sell off in large quantities, it will have some impact on the price.