Ah, the sweet, inevitable drama of the cryptocurrency world! On a perfectly ordinary Friday, as Bitcoin lingered just above the $100,000 mark (because why not?), a rather uninspiring relic of 2016 decided it was time to stretch its legs. A cool 216.95 BTC, now worth a stunning $22.47 million, was stirred from a deep slumber lasting 9 years and 4 months. One can only imagine the disappointment when it realized it had missed the 2017 boom.
Dormant 2016 Wallet Makes a Splash
The air is thick with gossip as Bitcoin enthusiasts chitchat about the curious case of long-forgotten coins stirring once again. Since January 1, 2025, a modest 4.64 million BTC have come to life-mostly from wallets with a two-year, three-year, or occasional five-year nap. But this? This is a different breed. A bold 2016 holder decided it was time to move 216.95 BTC from a wallet that had been as inert as your grandmother’s favorite armchair for 3,412 days. The transaction was confirmed just hours ago, at block 922580, which, let’s be honest, probably felt like a reunion for the coin.
The coins were then transferred to a shiny, new Pay-to-Script-Hash (P2SH) address-perhaps a sign of a noble wallet makeover? Or maybe just the digital equivalent of moving into a nicer neighborhood. The move was a neat little shuffle: one 1 BTC send, followed by a large 215.95099782 BTC transfer, and a few modest side moves. Housekeeping, if you will.
This dramatic comeback coincided with Bitcoin’s 2.8% rise on Friday, reaching a high of $104,044 per coin. At the time of writing, BTC is holding steady at $103,845. Who says Bitcoin isn’t entertaining?
When these coins were originally scooped up, Bitcoin was still sulking at $664. Fast forward to today, and this wallet’s contents have appreciated by a staggering 15,530%. Not bad for a wallet that could have been mistaken for a digital tombstone.
FAQ ❓
- What happened with the 2016 bitcoin wallet?
A long-dormant 2016 wallet moved 216.95 BTC, now worth $22.47 million, after more than nine years of peaceful slumber. - When was the transaction confirmed?
It was confirmed at block 922580 about ten hours ago on the Bitcoin blockchain. It’s alive, people! - Where did the bitcoin move to?
The coins were transferred to a shiny, new, and unidentified Pay-to-Script-Hash (P2SH) address. It’s like the wallet went for a spa day. - How is bitcoin performing right now?
As of press time, Bitcoin is trading at $103,845 after reaching an intraday high of $104,044. Earlier, it flirted with dropping below $100,000-but hey, it’s Bitcoin, it’s always an emotional rollercoaster.
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2025-11-08 03:57