Data: Bitcoin Wallet Dormant for 11 Years Moves 1,214 BTC Worth Approximately $86 Million in 24 Hours

Over the past 24 hours, 28 long-dormant bitcoin wallets have moved a total of 1,314.41 BTC, valued at approximately $94.03 million. Among them, a wallet created in 2014 transferred 1,214.42 BTC, accounting for 92.4% of the total, worth about $86 million.

Of these, 21 transactions were sent out in batches of 50 BTC each, with funds consolidated from traditional P2PKH wallets into new P2WPKH addresses, with some transactions occurring in the same block. Arkham entity labels have not yet shown these addresses as linked to exchanges.

The 2014 wallet holder's bitcoin purchase price was approximately $310 to $427, with the related holdings appreciating by at least 16,645%. Additionally, three wallets from 2016 transferred 79.99 BTC, and two addresses from 2017 moved 20 BTC.