On November 6, Bitcoin (BTC) set price records three times in one day, closing the day above $76,000. This event caused a lot of excitement in the crypto market.

When BTC reached its latest peak, one user transferred 156,0801 BTC from an address that had not been active since it was created on July 29, 2017. At the time, Bitcoin was trading at $2,726, putting the value of the coins at $425,474. Today, those same 156 BTC are valued at a whopping $11.6 million.

Blockchair gave this transfer a privacy score of 50 out of 100, citing software limitations and the reuse of the same address in the input data.

In addition to the 2017 wallet, another dormant address created in 2013 came to life, bringing more than 100 bitcoins out of deep sleep. At block height 869,116, the user transferred 109.44 BTC, the first move since March 14, 2013.

The funds were sent in separate transactions, all of which were confirmed in a single block. The transfers received a low privacy rating, scoring 45 out of 100 on Blockchair. It is possible that the funds were moved from an outdated wallet to a new Pay-to-Script-Hash (P2SH) address.

As Bitcoin continues to rise in value, long-term holders will continue to re-evaluate their strategies against the backdrop of changing prices. They may even sell some of their coins, which, given the current shortage on the market, will immediately find a new owner.