Dormant Bitcoin Wallet From Satoshi Era Moves After 15 Years With 461,981% Gain
TL;DR
- A dormant Bitcoin wallet received 8.54 BTC in June 2011 and remained inactive for more than 15 years before moving its holdings.
- Galaxy Research estimates the coins were acquired at about $14 per BTC and are now worth roughly $538,000, representing a 461,981% gain.
- The movement does not prove a sale or connection to Satoshi Nakamoto, while other long-dormant Bitcoin and Ethereum wallets have also recently become active.
A dormant Bitcoin wallet from the Satoshi era has moved after more than 15 years, bringing renewed attention to the value created by early participation in the network. The address held 8.54 BTC, now worth roughly $538,000, compared with an estimated acquisition cost of about $14 per bitcoin.
AWAKENED โ dormant 15+ years
8.54 BTC ($538K) untouched since first received 2011-06-13 (15.1y ago) โ just moved in block 962770Address: 1EmiMJfyBYNYfeFZWEoXxJ9cZ7pF9xTWVt
Realized PnL: +$538K (+461,981% gain) โ basis ~$14 avg โ held 15.1y
2026-08-16 18:42 UTC
TXID:โฆ- Galaxy Research (@glxyresearch) August 17, 2026
โฆ Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (crypto-economy.com).
