A long-term Bitcoin holder has turned a $13,700 acquisition into an estimated $148 million fortune after patiently holding for over thirteen years. According to on-chain data, a Bitcoin wallet transferred 2,100 BTC on Friday morning after lying dormant for nearly 14 years.
Diamond Hands Bitcoin Investor Nets 10,790x Profit
Blockchain tracking platform Whale Alert reported in a post on X that a wallet inactive for 13.7 years had suddenly been reactivated, emerging from a prolonged period of dormancy.
The transfer was recorded at 10:27 a.m. UTC, according to blockchain explorer Mempool. The transaction appears to merge multiple UTXOs into a single output to the original “1NB3Z” address, while a small portion is sent to a secondary address—likely taking advantage of the current low-fee environment.
The wallet originally received the 2,100 BTC on Independence Day, 2012, Whale Alert noted. Back then, the stash was worth just $13,685, but it has since surged to approximately $147.7 million—transforming the long-term holder into a multi-millionaire with an extraordinary gain of over 1,079,000%.
The 2,100 BTC have not moved further and remain unlabeled, per blockchain intelligence firm Arkham. As a result, both the purpose of the transfer and the identity of the wallet’s owner remain unknown.
 
The sudden reactivation of the long-dormant wallet left the crypto community stunned, with many praising the holder’s patience in resisting numerous opportunities to sell over the years. One user commented under the X post, “Someone’s finally realizing their 2012 self was a genius. WAGMI.”
Sleeping Giants Awaken
Long-dormant Bitcoin wallets have increased their activity in recent months, both leading up to and following the apex cryptocurrency’s record peak of roughly $126,000 in October 2025.
In July 2025, Galaxy Digital liquidated more than 80,000 BTC—worth over $9 billion at the time—for a Satoshi-era investor on behalf of estate planning. The funds had remained untouched for 14 years before being moved for the sale.
Then, in September, another ancient Bitcoin holder executed a major shift from BTC to ETH, converting a wallet that once held over $5 billion in Bitcoin into nearly $4 billion in Ether.
As ZyCrypto reported earlier, a Bitcoin whale who had accumulated 5,000 BTC about 13 years ago resumed selling on Wednesday, dumping 1,000 BTC—roughly $71.6 million in value.
Meanwhile, early Bitcoin adopter Owen Gunden sold 650 BTC that same day, for a total of around $46.3 million.
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