A long-inactive Bitcoin wallet containing nearly $44 million in BTC has suddenly returned to life.
The wallet, which had remained untouched since 2013, transferred around 400 Bitcoin on Monday in a series of transactions. The unusual activity comes amid renewed movement from so-called Satoshi-era wallets, accounts linked to Bitcoin’s earliest years.
Blockchain tracking platform Arkham Intelligence revealed that the wallet, listed as “1ArUG…zwaWT,” distributed its coins to several addresses. Most transfers were broken down into batches of 15 BTC, draining the entire wallet.
Funds Traced Back to Early Bitcoin Mining Activity
According to Lookonchain, a blockchain analytics firm, the coins were originally linked to mining activity nearly 15 years ago. This places the wallet in the category of early Bitcoin adopters.
Despite the transparency of blockchain records, the identity of the wallet’s owner remains a mystery.
830x Growth in Value Since Dormancy
Notably, the wallet last showed signs of activity in 2013, when Bitcoin traded at approximately $135 per coin. Fast forward to today, each Bitcoin is worth $111,763, marking an astonishing 830-fold increase in value.
This remarkable growth underlines the extraordinary returns enjoyed by early adopters, many of whom mined or purchased Bitcoin when the cryptocurrency was largely considered experimental.
Part of a Larger Trend
This transfer is not an isolated incident. In recent months, several Satoshi-era wallets, accounts from Bitcoin’s first years, have reawakened.
In July, investment firm Galaxy Digital sold more than 80,000 BTC valued at $9 billion from an estate tied to an early Bitcoin investor.
A few months later, in September 2025, another dormant address containing 444 BTC, worth about $50 million, became active after nearly 13 years of silence.
More recently, a long-term holder moved over $5 billion in Bitcoin into Ethereum, securing nearly $4 billion worth of ETH after the reallocation.
Together, these large-scale activations suggest that many early adopters are adjusting their strategies as Bitcoin prices reach fresh highs.
As of press time, Bitcoin is trading at $111,763, up 2.05% over the last day. The world’s largest cryptocurrency registered a new all-time high price of $124,457 on August 14, 2025.
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