A post by @whale_alert on X.

A Bitcoin address holding 50 BTC, valued at roughly $3.44 million, was reactivated after 16.2 years of dormancy, according to Whale Alert. The coins were worth about $3 when acquired in 2010, implying a gain of more than one million times on the original outlay. The wallet ranks among the oldest tracked by the alert service, and its reawakening revives the question of whether long-dormant holders are preparing to sell or simply consolidating assets. Movement of such vintage coins matters because early-mined BTC is widely assumed to sit with patient holders, so any transfer can shift sentiment around available supply. Traders will watch whether the 50 BTC reaches an exchange deposit address, which would signal intent to trade, or moves to a new self-custody wallet.