Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years

In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012 mobilized 519.95 bitcoin, boasting a value of over $14 million.

September’s Flurry of 2012 ‘Sleeping Bitcoin’ Spends

Following the five BTC transactions from 2012 executed on Monday, Tuesday saw another burst, moving an additional 519.95 BTC. At block height of 808,426, the address “15ZuB” sprang into action, shifting ten bitcoin valued at a cool $270K.

This digital wallet came into existence on October 7, 2012. After, block 808,437 witnessed another ten bitcoin from 2012 being unleashed from “1MLs3,” an address originating on November 11, 2012. Then, in another twist, block 808,438 experienced a similar movement, with yet another ten bitcoin on the move.

This vintage transfer came from the “1365X” address, created on December 12, 2012. The trio of transactions each boasted a “moderate” privacy rating of 55, as evaluated by blockchair.com’s privacy assessment tool.

So far, a total of 17 transfers from 2012 took place in September 2023. 13 of them were spent on September 18 and 19.

Each transaction was executed from the address utilizing the “send everything” feature, either for making a payment, such as to an exchange, or simply relocating the funds to a different wallet, blockchair.com explains. In the wake of these three 2012 transactions, two more transfers from addresses established that same year shifted considerably heftier amounts.

The address “1951B”, created on September 7, 2012, orchestrated a move of 99.99 BTC valued at $2.71 million at block height 808,465. Simultaneously, within that same block, the bitcoin address “19jw9” dispensed 89.99 BTC. Intriguingly, this wallet, harboring bitcoins valued at $2.4 million, was established on the identical date as the aforementioned 99.99 BTC transaction.

A while later, at block 808,493, a set of three transactions from 2012 were spent. The legacy addresses were created on September 10 and 11, 2012. The address “1BEFy” spent 99.89 BTC, “1G2j4” moved 99.99 BTC and the final address “1ucmw” moved 100.09 BTC. All eight transfers from 2012 were caught by btcparser.com.

The latest data from September 19 signifies that, adding to the nine 2012 transactions moved earlier this month, these eight recent ones tally up to 17 transactions from that same year. From January 1, 2023, through September 19, 2023, a staggering 5,130.81 BTC from 2012, equivalent to $139 million, has been roused from slumber. So far this month, no transfers have emerged from the 2010 and 2011 periods.

What do you think about the number of so-called sleeping bitcoin spends from 2012 transferred in September 2023? Share your thoughts and opinions about this subject in the comments section below.

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