#Bitcoin Wallet Revived After Over a Decade of Inactivity, Value Soars 13,900 Times A wallet that has existed since the inception of the Bitcoin network has become active again after more than a decade of inactivity, transferring its entire balance to a new address. On-chain analysis by Arkham Intelligence shows that the wallet first received Bitcoin in 2013, when Bitcoin was still in its early stages of adoption and priced at around $7. For the next 13 years, the address remained inactive. This week, the wallet transferred its entire balance of 909.38 bitcoins (approximately $84.6 million) to a newly created Bitcoin address. Despite the large transaction amount, the target address does not appear to be associated with any known exchanges. The wallet's history also highlights Bitcoin's extraordinary long-term price performance. Its initial holdings of Bitcoin were worth approximately $6,400 in 2013, and over the past 13 years, their value has increased dramatically. In comparison, a similar investment in a low-cost S&P 500 index fund would currently be worth approximately $37,000, representing a 481% increase. Meanwhile, gold, a traditional store of value, saw its price increase by approximately 150% during the same period. Overall, Bitcoin's growth (approximately 13,900 times) highlights its astonishing scale.