A wallet containing 687.33 Bitcoin worth $44 million moved for the first time in years. No details are known about the movement of this wallet, which last received these BTCs on January 12, 2014. The Bitcoin price was $917 when the wallet received these BTCs. The wallet made the transfers around 7:30 a.m. PT.

Recently, it is noteworthy that addresses that have not moved for many years and have earned Bitcoin through mining from the Satoshi Nakamoto era have also moved. Most recently, a wallet that earned 50 BTC during Bitcoin’s early mining days in April and has not moved since then sent its Bitcoins to the Coinbase exchange. It is certain that this wallet has made a sale. The wallet became active for the first time after April 23, 2010.

In March, such movements increased. First, a wallet worth $6 billion, which has not moved since 2019 and is seen as the 5th largest wallet in the Bitcoin blockchain, made transfers, and then a wallet that had not moved since 2010 sent $140 million in Bitcoin to another address.

Experts say that some of these transfers are a transition from old-style wallets to new ones. Some of these transfers, especially those that resulted in sales, are thought to be linked to the discovery of wallet passwords years later.