Old Bitcoin Wallets Move Millions Amid Rising Quantum Computing Security Fears
October 24, 2025
The recent movement of old Bitcoin coins has raised security concerns, especially regarding vulnerabilities to quantum computing attacks on early addresses.
Industry insiders are discussing the threat of quantum attacks on early Bitcoin wallets, emphasizing the need for secure transfer practices as technology advances.
Amid broader market growth, stablecoin payment volumes recently hit $19.4 billion in 2025, and a major AI infrastructure deal worth $38 billion has boosted stocks in AI and mining sectors.
A Bitcoin wallet inactive since 2010 transferred $16.6 million worth of BTC after 14 years, sparking significant interest within the crypto community.
This dormant wallet, containing 4,000 BTC worth approximately $442 million, moved 150 BTC, raising questions about whether the transfer is security-related or a strategic move.
Some believe the transfer is motivated by security concerns, while others speculate it could be for profit-taking or liquidity testing, adding an element of mystery.
The wallet, linked to early Bitcoin mining in 2009 and consolidation in 2011, may be transferring coins for sale or testing purposes amid rising market pressures.
The movement of about 250 BTC to new addresses suggests a possible migration to more secure, potentially quantum-resistant wallets.
Recent on-chain data shows long-term Bitcoin holders are realizing profits, with some early whales selling large amounts, including one moving 80,000 BTC earlier this year.
Analysts suggest that concerns over quantum computing threats or strategic asset repositioning could be driving these transfers.
This incident underscores the importance of securing long-held digital assets in a landscape where technological advancements continually evolve.
The timing of these transfers coincides with growing global anxiety about quantum computing's rapid progress and its potential to compromise legacy cryptography.
Early Bitcoin wallets, created before significant encryption developments, may now be vulnerable, prompting owners to upgrade security measures.
Experts believe that these transfers could be preemptive moves by holders to shift coins to addresses less exposed to quantum hacking, protecting their assets from future threats.
Summary based on 2 sources
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Sources

CoinDesk • Oct 24, 2025
Dormant 4,000 BTC Miner Wallet Awakens Amid Potential Quantum Attack Fears
Crypto Economy • Oct 24, 2025
Dormant Bitcoin Miner Wallet Moves $16.6M After 14 Years — What’s Behind the Sudden Wake-Up? - Crypto Economy