On Friday, amidst the wild swings of crypto prices, a vintage batch of 300 bitcoins from 2012 – untouched for a good 13 years – decided to make an appearance. In a series of sophisticated maneuvers, this single, rather mysterious holder has now orchestrated the movement of 1,600 BTC from 2012 wallets this month, a treasure trove valued at more than $187 million today. How thrillingly dramatic! π
A Return to the Golden Age of Bitcoin
This month has been a veritable renaissance of dormant bitcoin wallets coming back to life, and on Friday, three classic Pay-to-Public-Key-Hash (P2PKH) addresses each performed a graceful waltz, shifting 100 BTC into the more modern Pay-to-Witness-Public-Key-Hash (P2WPKH) addresses. One can only imagine the elegance of such a transaction! ππΊ
The coins moved between blocks 910159 and 910170, with two of the transfers confirmed in block 910170. The wallets followed the same choreographed pattern as previous 2012 spends, each moving 100 BTC into separate but unidentified P2WPKH addresses. It’s almost as if they’re performing a well-rehearsed ballet. π©°
The likelihood that the same entity is behind nearly all the dormant 2012 coin movements this month is exceedingly high, with 16 wallets so far each moving 100 BTC. This enigmatic figure has also joined the parade of 2017 wallets that awoke this month, each transferring 100 BTC. Oh, what a spectacle! π
The sudden revival of these long-idle 2012 coins suggests a meticulously planned strategy, one that has lain dormant for years and now emerges in carefully timed waves of activity. Whoever controls these wallets may not be seeking to liquidate their holdings but rather orchestrating a grand performance with deliberate timing and consolidation. It’s enough to make one suspect a plot worthy of Agatha Christie herself! ππ΅οΈββοΈ
Still, the broader market is left to speculate on the motives hidden within the blockchainβs silent record. One can only wonder what secrets lie beneath the surface. π€β¨
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2025-08-16 20:37