2011 Bitcoin Wallet Breaks Silence With Mysterious $3.2M Move

TLDR

• A Bitcoin wallet dormant since 2011 moved nearly 50 BTC worth about $3.2 million.
• The coins were transferred to an address with a history of sending Bitcoin to FalconX deposit wallets.
• The wallet originally received 49.97 BTC in July 2011, when Bitcoin traded near $10.
• The transferred 50 BTC remained at the receiving address, with no on-chain evidence of a sale.
• Arkham data also links the destination address to past activity involving Nexo and Prime Trust wallets.

A Bitcoin (BTC) wallet that had remained inactive since 2011 moved nearly 50 BTC worth about $3.2 million on Thursday, sending the funds to an address with past links to FalconX deposits. The transfer drew attention because the wallet had held the coins for more than 15 years without spending them.

Galaxy Research said the wallet received 49.97 BTC on July 16, 2011, when Bitcoin traded near $10. The coins stayed untouched through several market cycles, exchange failures and sharp price swings before moving on Aug. 6.

🌚 Awakened — dormant 14+ years
49.97 BTC ($3.23M) untouched since first received 2011-07-16 (15.0y ago) — just moved in block 961331

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