Overview
- On-chain trackers say address 18eY9o sent 150 BTC worth roughly $16–16.6 million, the wallet’s first activity since a 2011 consolidation of coins mined in 2009.
- The wallet still holds about 3,850–4,000 BTC valued near $442 million, according to data from Lookonchain, Nansen and mempool.space.
- The transfer aligns with a 2025 uptick in reactivated old coins, with about 270,000 BTC dormant for 7+ years moving by October and a separate 80,000 BTC stash routed via Galaxy Digital in July.
- Market watchers note limited price implications unless funds move to exchange-linked wallets, and past awakenings often proved to be internal reorganizations.
- Some experts cite concerns about early address types with exposed public keys, prompting moves to newer addresses for improved protection against theoretical quantum attacks.