Bullish

500 BTC Address Activates After 12.7 Years, Now Worth $31.3M

2026-08-03 20:44:00

Dormant wallet moves 500 BTC after 12.7 years of inactivity. Holdings value surged from $507,500 in 2013 to $31.3156 million, highlighting long-term holder behavior.

Woofun AI reports that a specific address holding 500 BTC initiated activity following a 12.7-year period of dormancy. The current valuation of these assets stands at $31.3156 million, representing a significant increase from the $507,500 value recorded in 2013.

WOOFUN AI

Impact Assessment · Quick Read

The movement of such a large, long-dormant position often signals profit-taking by early adopters, which could introduce localized sell pressure. However, the magnitude relative to daily volume may limit broader market impact, serving instead as a reminder of the deep liquidity pools held by legacy holders.
Generated by WOOFUN AI · For reference only, not investment advice

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