A bitcoin wallet that had been dormant since 2013 recently moved $31 million, according to reports from CoinDesk. This movement is part of a larger trend of dormant coins being transferred, which has been observed since the Coldcard hack.
This trend suggests that several older bitcoin wallets, which had been inactive for many years, are now being activated and their funds are being moved. The reason for this movement is not explicitly stated, but it is noted that it follows the Coldcard hack.
CoinDesk has reported on this development, highlighting the movement of significant amounts of bitcoin from long-dormant wallets. The movement of $31 million from a 12-year-old wallet is a notable example of this trend.