Bitcoin OG Moves $35M After 12 Years of Silence
A dormant Bitcoin wallet from 2012 just moved 306 BTC worth $35M—marking a massive 1,493x profit.
- A wallet holding 306 BTC moved funds after 12 years.
- The BTC was received in 2012 when Bitcoin was just $77.
- The value has surged from $23.7K to $35.37M.
In a surprising move, a Bitcoin OG (original gangster) has transferred 306 BTC, worth about $35.37 million, from a wallet that had been inactive since 2012. This event caught the attention of the crypto community, not just because of the amount, but because of the sheer time the wallet remained untouched.
The Bitcoin was originally received when the price was just $77 per BTC, totaling around $23,700 back then. Fast forward 12 years, and that same amount has ballooned in value by an astounding 1,493 times.
Dormant wallet movements are rare and often stir speculation about who holds them—early miners, developers, or adopters who believed in Bitcoin long before its rise to mainstream awareness.
What This Means for Bitcoin Enthusiasts
Movements like this are more than just interesting—they signal potential shifts in sentiment among early holders. While some speculate it might indicate selling pressure, others believe these OGs might simply be securing or reorganizing their assets.
The wallet transfer shows how much Bitcoin has evolved—from an experimental digital currency in 2012 to a multi-trillion-dollar asset class in 2025. Events like this serve as a reminder of Bitcoin’s growth and the long-term gains it has brought to early believers.
Bitcoin’s Journey: $77 to $115,000+
This story is a testament to Bitcoin’s explosive potential. A mere $23,700 investment in 2012 has now turned into $35 million, showcasing the power of early conviction and long-term holding.
While the identity of the wallet owner remains unknown, their story adds another legendary chapter to Bitcoin history—one that emphasizes the value of patience in the crypto world.
Read also:
- ETH Stuck in BTC Range: Bullish Move Ahead?
- Crypto Tokenized RWAs Surge in 2025, Led by Treasuries & Stocks
- BTC Retesting 50 EMA with Key Support Below
- UK Cop Jailed for Stealing 50 BTC in Cold Case
- Arctic Pablo Coin Presale Explodes Past $3.14M As Investors Eye $64,516 From A $5k Stake While Shiba Inu And Official Trump Make Waves
