2011 Bitcoin Wallet Moves 100 BTC, $324 Cost Now Worth Over $8 Million Nearly 15 Years Later
Odaily News: A Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967732, worth more than $8 million at current prices. When the wallet was acquired, Bitcoin was priced at $3.24, meaning the 100 BTC cost approximately $324, representing an unrealized return of about 2,469,000%.
On the same day, four wallets created between February and March 2013 each transferred 25 BTC, totaling 100 BTC, which were consolidated into a wallet belonging to crypto custody firm BitGo. On-chain characteristics indicate that these bitcoins originally came from block rewards in March 2013; the miner has been continuously transferring similar amounts of BTC to BitGo in batches since August 2025.
The two transfers totaled 200 BTC, currently worth more than $16 million. The new address of the 2011 wallet is a P2WPKH address and has not been flagged by major block explorers as an OTC desk or centralized exchange address; whether the funds the 2013 miner transferred to BitGo have been sold cannot be confirmed from on-chain information. (Bitcoin.com News)
