Dormant Bitcoin Wallet Moves $3.2 Million in BTC After 15 Years
2026-08-07 04:53
Odaily News – A long-dormant Bitcoin wallet moved nearly 50 BTC, worth approximately $3.2 million, on Thursday. The wallet received 49.97 BTC back in 2011, when Bitcoin was trading at around $10 per coin.
The BTC was sent to a SegWit address that has previously transferred Bitcoin to institutional broker FalconX and received funds from wallets linked to Nexo and Prime Trust. The newly transferred BTC has not left this address.
The transfer comes amid long-term holders rechecking their old storage setups following a major vulnerability exploit in Coldcard hardware wallets. There is currently no evidence linking the 2011 wallet to this vulnerability.
The BTC was sent to a SegWit address that has previously transferred Bitcoin to institutional broker FalconX and received funds from wallets linked to Nexo and Prime Trust. The newly transferred BTC has not left this address.
The transfer comes amid long-term holders rechecking their old storage setups following a major vulnerability exploit in Coldcard hardware wallets. There is currently no evidence linking the 2011 wallet to this vulnerability.
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