A Bitcoin wallet that had been dormant for 16 years suddenly awakens, holding 50 BTC worth over 4.3 million dollars.

PriceOracleFairy

2025-12-02 02:06:17

[Block Rhythm] I just saw an interesting piece of news, a Wallet that has been dormant for almost 16 years suddenly woke up today.

This address contains 50 bitcoins, which, based on the current price, is worth over 4.3 million dollars. You have to know that 15.7 years ago was 2009, when bitcoin had just been born not long ago. This is definitely the wallet of an early player or miner.

This old wallet suddenly activated, which always makes people curious about the story behind it. Did they finally recover the private key? Or did the old player decide to cash out and leave? Or is it just to change the address and continue hoarding coins?

No matter what, being able to hold onto Bitcoin for so many years without selling shows incredible determination. From a few cents to now over 80,000 dollars, experiencing so many ups and downs in between, and yet I haven't sold at all—this is the true “diamond hands.”

BTC1.94%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
5
Repost
Share

Comment

0/400

EthSandwichHero

· 11h ago

Wow, an old miner from 16 years ago? If this guy cashes out now, how much tax would he have to pay... Just thinking about it makes me feel the pain for him.

View OriginalReply0

PumpBeforeRug

· 11h ago

This guy is really tough, from a few cents to now, he hasn't panicked through so many big dumps in between, this level of composure is not something ordinary people can have. --- 50 Bitcoins have just been lying there for 16 years, if I had this mindset, I would have been financially free a long time ago. --- I feel like there must be a complicated backstory to activating such old addresses, did he really forget or is there something else behind it? --- If it were me, I would have cut loss during some of the big dumps, I really admire the psychological quality of such people. --- 50 Bitcoins, this must be from a very early player to mine it, now to move it again, it must definitely involve some trouble.

View OriginalReply0

HashRateHermit

· 11h ago

Wow, a coin from 2016? This is true faith, I need to learn this level of composure.

View OriginalReply0

StakeHouseDirector

· 11h ago

Damn, this is what true faith is! I didn't have this kind of determination when I bought the dip last year.

View OriginalReply0

SolidityNewbie