12-Year Bitcoin Slumber Ends: $47M Awakens, Moves to Bitgo 🌟

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As the digital sun rose to a new zenith, with bitcoin soaring to an unprecedented $118,839, a long-forgotten treasure from 2013 awoke from its slumber—400 BTC, untouched for over 12 years, finally stirred and made its way to Bitgo.

Whale Reawakens: Dormant 2013 Bitcoin Cache Moves to a Custodian

The blockchain parser btcparser.com witnessed a spectacle on July 11, as a trove of 400 BTC moved across 16 separate transfers, each a relic from the early days of 2013. Each transfer, like a ghost from the past, came from a legacy P2PKH (Pay-to-Public-Key-Hash) wallet, sending exactly 25 BTC to a P2WPKH (Pay-to-Witness-Public-Key-Hash) address.

The 16 transfers from 2013 wallets as recorded by btcparser.com.

The transactions, a dance of the past and present, were confirmed between block heights 905014 and 905017. These 400 BTC originally came from wallets set up between late February and March 2013, a time when the entire sum was worth a mere $13,724. Today, that same stash is valued at a staggering $47.19 million—a 3,439x leap, or a jaw-dropping 343,638% increase over 12 years. 🤯

July has been a month of whale awakenings. On July 4, 80,000 BTC from 2011 shifted, as if the sea of time had parted to let them through. Then on July 7, a long-idle wallet moved 99.99 BTC for the first time since July 27, 2017. After today’s 2013 revival, wallets from 2016 and 2017 also stirred, moving 41.09 BTC and 16.54 BTC, respectively. It’s as if the digital ocean is teeming with ancient treasures, each one a story waiting to be told.

The 400 BTC transferred to the P2WPKH address appears to have landed in a wallet linked to crypto custodian Bitgo, according to Arkham Intelligence data. Whether this stash is headed for sale or simply being tucked away for safekeeping under Bitgo’s custodial watch remains a mystery, much like the whispers of the blockchain itself. 🤔

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2025-07-11 17:07