An individual with significant wealth in the world of cryptocurrency has recently made a lucrative move with their Bitcoin holdings, which they had acquired over 14 years ago. On-chain data reveals that this previously inactive crypto wallet suddenly transferred a substantial amount of Bitcoin, resulting in an astonishing profit of 169,358,650%.

The blockchain tracker Whale Alert reported the event, stating, “After 14.3 years of inactivity, a dormant address containing 50 BTC ($3,387,175) has just been activated (worth $2 in 2010)!” This impressive increase in value occurred on Friday.

Furthermore, on the same day, another long-dormant Bitcoin holder, who hadn’t made any transactions for over a decade, decided to move a significant number of BTC, resulting in a profit of 1,269,551%. Whale Alert shared the details, saying, “After 12.4 years of inactivity, a dormant address containing 400 BTC ($27,284,805) has just been activated (worth $2,149 in 2012)!”

Whale Alert also observed a similar situation on Thursday, as another deep-pocketed Bitcoin holder, who had been inactive for more than 13 years, decided to relocate their BTC holdings, resulting in a gain of 394,933%. The tracker reported, “After 13.3 years of inactivity, a dormant address containing 150 BTC ($10,033,846) has just been activated (worth $2,540 in 2011)!”

Earlier in the week, Whale Alert noticed that an investor, who had held over two dozen Bitcoin for more than a decade, transferred their BTC holdings. The dormant address containing 27 BTC ($1,825,303) was finally activated after 10.8 years.

Finally, on Sunday, Whale Alert spotted yet another long-dormant Bitcoin holder who decided to move their BTC trove, resulting in a profit of 9,228%. The dormant address contained 21 BTC ($1,516,136) and had been inactive for 10.9 years, with the Bitcoin’s value at the time of acquisition being $16,252 in 2013.

At the time of writing, Bitcoin is trading at $66,684, experiencing a 2.1% decrease in the last 24 hours.

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