An address that has been dormant for over 12 years was activated, and the entire balance of 500 BTC was transferred out.

BlockBeats News, May 11th, according to LookIntoChain's monitoring, a dormant wallet address for over 12 years transferred out all of its 500 BTC ($40.62 million) just 4 hours ago.

The address's average Bitcoin acquisition price was around $914, and it has now realized a profit of approximately $40.17 million, representing an astonishing 88x return on investment.