The Bitcoin wallet that has been dormant for nearly 12 years has shown signs of activity, with 400 BTC transferred to multiple new addresses.

According to on-chain analysts, a Bitcoin wallet that had been dormant for nearly 12 years was suddenly activated recently, attracting widespread attention from the cryptocurrency community.

In the early hours of September 29, the wallet transferred its holdings of 400 Bitcoins (approximately $44.3 million) to multiple new addresses.

Upon tracing back, it was found that this batch of Bitcoin originated from miner outputs 15 years ago, belonging to the early mining yields of the Bitcoin network. This unusual movement also became a rare historic flow of early Bitcoin.

The awakening of these "sleeping giants" often signals potential changes in the market. Analysts point out that the sudden activity of early holders may indicate profit-taking behavior or a reallocation of assets in preparation for the upcoming market cycle.

A market observer stated that this asset transfer spanning over a decade "reminds people of the far-reaching time frame of Bitcoin," and its operation usually reflects a long-term strategic decision rather than a panic sell-off driven by short-term market sentiment.

This is not the only early wallet that has been activated recently. As early as July this year, two Bitcoin wallets that had been silent for over 14 years transferred a total of 20,000 Bitcoins (worth approximately $2.18 billion at the time) within half an hour.

According to investigations, these Bitcoins were initially purchased in April 2011 at a price of $0.78 each, and have appreciated nearly 140,000 times to date. Although the transaction records are public, the identity of the holders and the motive for the transfer remain a mystery.

Almost simultaneously, another seasoned investor conducted a large-scale asset rotation, converting a significant amount of BTC into ETH, having converted nearly 4 billion dollars worth of ETH from its initial 5 billion dollars BTC holdings.

In addition, another wallet that had been dormant for nearly 13 years was activated on September 11, holding 444 BTC currently valued at about 50 million dollars.

In summary, the concentrated movements of this series of early wallets are not merely a simple selling behavior, but rather a restructuring of assets through dispersion to multiple addresses, which resembles preparation for the next phase.

These "ancient giants" that have spanned multiple bull and bear cycles carry meanings that far exceed the transactions themselves with every move they make, as they are both living fossils of Bitcoin's value storage function and special barometers of market sentiment.

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