Someone’s been playing the long game.
When it went dormant, those coins were worth less than $4, according to The Independent.
Either way, the cryptocurrency has changed a lot since the last time this wallet was used.
The Independent said that “sleeping whale” wallets—which contain a large amount of BTC and have been inactive for years—collectively hold “several million” BTC.
At least some of that wealth will probably remain dormant because their owners forgot the access keys or, to put it delicately, aren’t here to cash in on Bitcoin’s price increases.