$8.5M in Bitcoin Moved: Dormant 2011 Wallet Comes to Life

A Bitcoin wallet, inactive since August 2011, transferred 100 BTC, worth $8.5 million, to four new P2SH addresses.

Initially funded with $1,015.96, the wallet saw its value fluctuate before achieving an 836,493% return. The transfer, recorded at block height 889,103, received a moderate privacy rating due to its transaction structure. While 2009 wallets remain highly sought after, 2011-2012 wallets are increasingly rare.

Clever Robot News Desk 24th March 2025

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