In the last week of December, just before the year ended, Bitcoin’s value was the first to surpass $100,000. Two weeks down the road, it surpassed $108,000. The 139 inactive Bitcoin wallets between 2010 and 2017 were brought back to life. At first, Bitcoin hit a significant milestone in early December 2024, when it reached $100,000. Bitcoin Experiences Massive Growth It hit $108,000 two weeks later. The market impact of long-dormant coins was questioned when 139 Bitcoin wallets were reactivated from 2010 to 2017, coinciding with this spike.
Bitcoin Leaves Legacy Wallets
Bitcoin closed at $93,501 at 00:00:00 UTC on December 31, 2024. 139 2010–2017 legacy addresses moved coins in December for the first time in years. The oldest prize was 50 BTC from Oct. 9, 2010, P2PKH. The first 14-year-old coins were sent to Payment-to-Script-Hash addresses in nearly a decade.
The standout traded 104.99 BTC on November 21, 2012. 2013 wallets spend most that month. The year, 21 P2PKH addresses moved 3,181.5 BTC worth $297 million. December 2024 saw $300 million in BTC traverse 2010–2013 Bitcoin accounts. Notable: 2010 50 BTC Coinbase prize and 3,181.
December 2024 Bitcoin Swaps Worth Million
One wallet’s 2,700 BTC transfers in 2013 were notable. BTC Hits It debuted on Dec. 3, 2024, early for the holidays, after being founded on Dec. 20, 2013. 2014 wallet spending was second, one bitcoin ahead. 26 2014 Btcparser.com transactions totaled $100M. Transfer and 357.40 BTC move stood out.
An intriguing 19 moves moved 0.00000547 BTC through a 99.99 BTC transfer. December 2024 saw over $100 million exchanged between Bitcoin accounts from different years. The 2013 wallet transferred 2,700 BTC, and the 2014 wallet performed 26 $100 million transfers. The 2015 and 2016 wallets moved 383.55 and 373.85 BTC.
$613M Bitcoin Moves
Sleeping wallets transferred $613 million in December 2024. Dormant Bitcoin wallets awoke in December 2024, showing their appeal and long-term investors’ peculiar habits. These shifts reflect crypto asset storage and spending, whether for market milestones or personal reasons—a remembrance of past activities and a dynamic financial tool.
That still captivates consumers globally. In December 2024, dormant Bitcoin wallets sent $613 million. This wallet included early Bitcoin adopters, some of whom were dormant for years, from 2010 to 2017. Bitcoin Hits, The resuscitation of these abandoned assets illustrates Bitcoin’s longevity and dependability.
Summary
After surpassing $100,000 and then $108,000 in December 2024, Bitcoin experienced a significant shift. The price boom occurred between 2010 and 2017, while 139 dormant Bitcoin wallets caused a surge in market activity. Bitcoin Hits, Nevertheless, the transfer of 6,562 BTC, with a value of nearly $613 million, from this legacy showed the impact of the first Bitcoin holders. Large sums of money were involved in a few of the deals.
