TLDR
- A Bitcoin wallet dormant since 2013 recently transferred 400 BTC worth nearly $44 million.
- The wallet, linked to early Bitcoin mining, has been inactive for over a decade.
- Blockchain tracking platforms confirmed the wallet’s reactivation with several transfers of 15 BTC each.
- Despite the transparent blockchain, the identity of the wallet’s owner remains unknown.
- The transfer follows a trend of increased activity from Satoshi-era Bitcoin wallets in recent months
A dormant Bitcoin wallet, inactive since 2013, has come back to life, transferring 400 BTC. The transactions took place on Monday, sending Bitcoin worth nearly $44 million to various addresses. This wallet, linked to Bitcoin’s early mining days, has not shown any signs of activity for over a decade.
Satoshi-Era Bitcoin Wallet Transfers Large Sum
The wallet, identified as “1ArUG…zwaWT,” began transferring its entire balance in several batches. Each transfer consisted of approximately 15 BTC, ultimately draining the entire wallet. Blockchain tracking platform Arkham Intelligence confirmed the transfers, while Lookonchain revealed the wallet’s connection to Bitcoin mining nearly 15 years ago.
Despite the public nature of blockchain transactions, the owner of the wallet remains anonymous. This move has raised questions, as the Bitcoin market has seen significant growth since 2013. At that time, Bitcoin was worth about $135 per coin, while today, it is valued at over $111,000, marking an astonishing increase in value.
Resurgence of Satoshi-Era Wallets
This wallet’s reactivation follows a trend of Satoshi-era addresses becoming active again. In recent months, other early Bitcoin wallets have awakened, including one in September 2025. This wallet, containing 444 BTC, moved assets after more than 13 years of dormancy.
A dormant wallet woke up after 12 years, moving 400.08 $BTC($44.29M) to multiple new wallets 3 hours ago.
The 400.08 $BTC was received from miners 15 years ago.https://t.co/aem7WhbkOu pic.twitter.com/3m4XSBNXFO
— Lookonchain (@lookonchain) September 29, 2025
In July, investment firm Galaxy Digital also sold over 80,000 BTC, valued at $9 billion, from an estate connected to an early Bitcoin investor. These events suggest that some early adopters may be adjusting their Bitcoin strategies. As Bitcoin prices continue to rise, many long-term holders are opting to diversify their assets.
With Bitcoin’s all-time high reaching $124,457 in August 2025, investors are reassessing their positions. This growing activity from early Bitcoin wallets indicates that the market may be entering a new phase. As the price of Bitcoin climbs, more holders may take action on their dormant coins.