Dormant Bitcoin Wallet Moves 909.38 BTC Worth $84.6 Million After 13 Years
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 20 2026- Asset Transfer: A dormant Bitcoin wallet moved 909.38 BTC to a new address on January 19, 2024, after 13 years, valued at approximately $84.6 million, illustrating the immense potential of long-held Bitcoin amidst market volatility.
- Historical Returns: Since first receiving Bitcoin in 2013, the wallet has seen a transformation from under $7 per coin to a multi-thousand-fold increase, significantly outperforming the S&P 500's 481% appreciation over the same period, highlighting Bitcoin's unique advantages as a store of value.
- Market Dynamics: Observers are analyzing the motives behind this transfer, which could stem from security practices, asset management changes, or liquidation preparations, with the future destination of the funds likely to impact market liquidity and supply dynamics.
- Security Considerations: As the Bitcoin network matures, discussions around the potential threats posed by quantum computing to cryptographic signatures are intensifying, prompting holders to reassess their asset security strategies in anticipation of future technological challenges.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
