ChainCatcher reports that a Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967,732, valued at over $8 million at the time of the transaction. The wallet originally purchased the 100 BTC at a price of $3.24 per BTC, for a total cost of approximately $324, resulting in an unrealized return of approximately 24,690,000%. On the same day, four wallets created between February and March 2013 each transferred 25 BTC, totaling 100 BTC, which were sent to the cryptocurrency custody provider BitGo. On-chain analysis indicates that these bitcoins originally originated from block rewards in March 2013; the miner has been consistently transferring similar amounts of BTC to BitGo since August 2025. Combined, these two transfers amount to 200 BTC, currently valued at over $16 million. The new address of the 2011 wallet is a P2WPKH address and has not been flagged by major block explorers as belonging to an OTC trader or centralized exchange. It is unclear from on-chain data whether the funds transferred from the 2013 miner to BitGo have been sold.
In 2011, a Bitcoin wallet transferred 100 BTC, which cost $324 and is now worth over $8 million.
ChaincatcherShare
Summary
A Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967,732, when the BTC price was $3.24, totaling $324. The unrealized gain now exceeds 2,469,000%. On the same day, four wallets from 2013 each transferred 25 BTC to BitGo, likely originating from a March 2013 block reward. Since August 2025, similar BTC transfers to BitGo have occurred in batches. The 200 BTC now have a value exceeding $16 million. BTC dominance remains high, as these transfers suggest long-term holding strategies. The 2011 wallet’s new P2WPKH address is not linked to OTC or centralized exchanges. It is unclear whether the 2013 BTC has been sold.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.