With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation.

1,200 Sleeping Bitcoins From 2015 Wallets Migrated Into New Structures

Bitcoin.com News chronicled the revival of inactive coins two days earlier, noting price levels unseen since March. On April 25, 2025, a 2015 whale relocated 1,200 BTC—then valued at $113.35 million—for the first time in more than nine years. Btcparser.com flagged the event, revealing movement across blocks 893,881 through 893,885.

When the 12 legacy P2PKH (pay-to-public-key-hash) addresses accumulated their holdings in 2015, BTC changed hands at $374 apiece. Consequently, that 1,200-coin trove was once worth roughly $448,800. On April 25, the stack shifted into a myriad of Bech32 P2WPKH (pay-to-witness-public-key-hash) addresses and subdivided into finer shards.

Take transaction “c5348,” which moved 100 BTC out of its source address and fanned the sum across 12 fresh P2WPKH wallets. Wallet 1 accepted 7.516 BTC, Wallet 2 gathered 7.804 BTC, and Wallet 3 logged 9.696 BTC. Wallet 4 absorbed 6.995 BTC, Wallet 5 tallied 6.70541587 BTC, and Wallet 6 banked 6.902 BTC. Wallets 7 through 12 captured between 8.201 BTC and 9.622 BTC.

Blockchair’s privacy tool assigns the transfer a 90-of-100 rating, flagging one inconsistency: “no output of the same type as inputs.” The renaissance in dormant bitcoin reserves amid lofty prices points to calculated repositioning by veteran holders. Shifting aged coins into contemporary, fragmented wallets hints at portfolio rebalancing or discreet liquidity planning while embracing advanced address protocols for greater transactional finesse.