Bitcoin reached $100,000 for the first time in the first week of December and the last month of the year. It topped $108,000 two weeks later. 139 Bitcoin wallets from 2010–2017 were revived. Bitcoin Hits initially surpassed $100,000 in early December 2024, a significant milestone. Two weeks later, it reached $108,000. This surge coincided with the reactivation of 139 Bitcoin wallets from 2010–2017, raising questions about the market impact of long-dormant coins.
Bitcoin Moves from Legacy Wallets
BTC closed at $93,501 at 00:00:00 UTC on December 31, 2024. 139 legacy P2PKH addresses from 2010 to 2017 moved coins in December for the first time in years. The oldest prize was a 50 BTC coinbase from Oct. 9, 2010, P2PKH. Payment-to-Script-Hash (P2SH) addresses received these 14-year-old coins for the first time in nearly a decade. In 2011, 8 P2PKH addresses sent 206.87 BTC ($19.3 million).
On November 21, 2012, a standout traded 104.99 BTC. 2013 wallets spend the most that month. In that year, 21 P2PKH addresses moved 3,181.5 BTC valued at $297 million. Over $300 million in BTC traveled via 2010–2013 Bitcoin accounts in December 2024. Highlights included a 2010 50 BTC coinbase reward and 3,181.5 BTC from 2013 transactions. Early Bitcoin holders continue to affect the market with these swings.
$100 Million in Bitcoin Moves in 2025
One wallet’s 2,700 BTC move in 2013 was notable. It debuted on Dec. 3, 2024, early for the holidays, after being founded on Dec. 20, 2013. 2014 wallet spending was second, one bitcoin ahead. 26 2014 Btcparser.com transactions totaled $100M. A 210 BTC and 357.40 BTC transfer stood out.2015 wallets sent 383.55 BTC nine times. Seventeen 2016 wallet transfers moved 373.85 BTC. December opened 47 2017 wallets, spending 1,076.01010393 BTC.
An intriguing 19 moves moved 0.00000547 BTC through a 99.99 BTC transfer. In December 2024, Bitcoin wallets from different years transferred over $100 million. The 2013 wallet transferred 2,700 BTC, and the 2014 wallet completed 26 $100 million transactions. The 2015 and 2016 wallets moved 383.55 and 373.85 BTC. Over 1,076 BTC left 47 2017 wallets. Little transactions like 0.00000547 BTC suggest consolidation or rearrangement. Reactivating wallets reveals Bitcoin network activity.
$613 Million in Bitcoin Moves
In December 2024, sleeping wallets moved $613 million (6,562.91 BTC). Awoken bitcoin wallets in December 2024 showed the cryptocurrency’s appeal and long-term investors’ enigmatic habits. These shifts show crypto asset storage and spending, whether for market milestones or personal reasons. This 2017 group consolidated 100 BTC and spread dust. Transfers believe in time, technology, or opportunity silently.
A glimpse of past decisions and a dynamic financial tool with worldwide appeal. Dormant Bitcoin wallets sent $613 million (6,562 BTC) in December 2024. From 2010 to 2017, these wallets had early Bitcoin Hits adopters, some dormant. The rebirth of these forgotten assets shows Bitcoin’s attraction and confidence. A 2017 wallet transaction and a 100 BTC transfer moved a lot of Bitcoin.
Summary
Bitcoin hit a watershed moment in December 2024, when it surpassed $100,000 and subsequently $108,000. From 2010 to 2017, 139 Bitcoin Hits wallets that had been inactive sparked significant market activity, coinciding with this price boom. However, The impact of the first Bitcoin holders was demonstrated by the transfer of 6,562 BTC, valued at nearly $613 million, from these legacy wallets.
FAQs
What was significant about Bitcoin wallets from 2010–2017?
139 dormant Bitcoin wallets from 2010–2017 were reactivated, causing a surge in market activity.
How much Bitcoin was moved in December 2024?
In December 2024, over $613 million worth of Bitcoin (6,562 BTC) was moved from long-dormant wallets.
What were some notable transactions from these wallets?
A standout move was a 2,700 BTC transfer from a 2013 wallet, along with multiple large transfers from 2014 and 2015 wallets.
What does the movement of these old wallets indicate?
The reactivation of these old Bitcoin wallets highlights the cryptocurrency's lasting appeal and its ongoing impact on the market.
