Sleeping for 12 years, a Bitcoin whale awakens, transferring 500 Bitcoins worth over $40 million.

Techub News news, according to NewsBTC, a Bitcoin address that had been dormant since November 2013 was suddenly activated on Sunday, transferring 500 Bitcoins (currently worth approximately $40.7 million) to a new wallet. Blockchain tracking service Whale Alert detected the transaction at 19:16 UTC. The destination address is not associated with any known exchange, sparking market speculation that this move could be a security update, asset reallocation, or a long-term holder's decision to cash out. Bitcoin prices have recently remained high, and multiple ancient wallets from the Satoshi era have been frequently activated over the past year, forming a clear trend.