Zombie Bitcoin Wallets Awaken: $30M BTC Suddenly Moves After 15-Year Crypto Coma

Talk about a blast from the past—five Bitcoin mining wallets just stirred from their decade-and-a-half slumber, shifting $30 million in BTC like it's 2010 again.

Sleeping giants wake

These digital time capsules—untouched since Satoshi was still posting on Bitcointalk—chose today's bull market to finally cash out. The blockchain doesn't forget, even when Wall Street 'experts' claim they've got the next big thing.

Timing is everything... or nothing

While the original miners could've been billionaires if they'd HODL'd through 2021's peak, someone's clearly decided 15,000% gains are good enough. Probably some finance bro who still thinks 'blockchain' and 'Bitcoin' are synonyms.

The real question? Whether this is smart profit-taking... or just the beginning of ancient wallets shaking off dust. Either way—the OG hodlers are moving, and the market's watching.

Whale Held Bitcoin from $0.003 to $118K Price Levels

When those blocks were mined in 2010, Bitcoin traded at around $0.003, making each 50-BTC reward worth just 15 cents at the time. Power costs to mine one block were minimal, with most miners using consumer CPUs. 

According to data from the U.S. Energy Information Administration, the average power rate in 2010 was about 11.5 cents per kilowatt-hour, meaning it may have cost under $1 in electricity to mine a full block.

The movement of old coins has become more frequent in recent months. In July, other decade-old wallets also moved thousands of BTC as institutional activity pushed prices NEAR all-time highs. 

According to CoinMarketCap, Bitcoin is now trading at $118,480, up more than 27% since the start of the year, and just below its all-time high of $122,838.As older wallets continue to become active, the movements may reflect changes in how long-term holders manage their assets, particularly with rising prices and evolving custody practices.

Also Read: SharpLink Adds 11,259 ETH on Ethereum’s 10th Anniversary