A Bitcoin (BTC) wallet containing 3,962 BTC has been activated after 14.5 years of dormancy, according to blockchain monitoring service Whale Alert.
💤 💤 💤 💤 💤 💤 💤 💤 💤 💤 A dormant address containing 3,962 #BTC (468,046,931 USD) has just been activated after 14.5 years!https://t.co/LXdjguOqYv
— Whale Alert (@whale_alert) July 24, 2025
The 3,962 BTC would have been worth approximately $1,189 when purchased 14.5 years ago at $0.30 per coin in January 2011, meaning the holdings have gained over $467 million in value, representing a 39,450,523% increase.
While the wallet’s owner remains unidentified, transactions of this size and vintage often spark speculation around early Bitcoin adopters and miners from the cryptocurrency’s first years.
Similar movements have been observed throughout 2025, including a Satoshi-era wallet that moved $4.68 billion in Bitcoin after 14 years and another address that transferred $1 billion worth of BTC after remaining dormant since April 2011.
Importantly, while the wallet has been activated, there is no indication yet that the Bitcoin has been moved to an exchange.
Bitcoin price analysis
At press time, Bitcoin is trading at $118,040, down 1.97% in the last 7 days. The cryptocurrency reached an all-time high of $120,551 last week and has remained relatively close to these peak levels since then.
According to crypto analyst Crypto Patel, over 1.48 million BTC changed hands in the last 30 days. Most selling happened below $105K, while new buyers are stepping in between $105K and $120K.
A new support zone appears to be forming around $117K-$118K. If the market pulls back, this area could hold, suggesting continued strength in Bitcoin’s price structure.
Bitcoin’s strong rally has led traders to secure profits, triggering a sudden crypto market decline as profit-taking accelerated across the broader cryptocurrency ecosystem.
In fact, in the last 24 hours, over 314,000 traders were liquidated, wiping out $968 million, mostly from long trades.
Featured image via Shutterstock.