Six Dormant Bitcoin Wallets Moved Assets After Decades of Inactivity

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BTC news today reports that six long-dormant Bitcoin wallets, inactive for over a decade, have recently moved their holdings. The first wallet, containing 8.54 BTC, was last active in 2011 and transferred its assets on August 16, 2026. Another wallet holding 212 BTC, inactive since 2012, was connected to a New York court case. Additional wallets moved 10.74 BTC, 150 BTC, 132.31 BTC, and 40 BTC, with the latter transferred to Boerse Stuttgart Digital. Analysts suggest the activity may be linked to breaches of Coldcard hardware wallets.

The first address woke up on August 16—it held only 8.54 BTC, which had remained inactive for exactly 15 years since June 13, 2011. At that time, an unknown investor bought these coins at just $14 each. Their value has now increased by 461,981% to $538,000.

Two days ago, 212 BTC were moved from an address that had not been used for nearly exactly 14 years, since August 10, 2012. At the time of the transaction, the coins were worth $13.66 million, representing a potential return of 557,640% from their original cost of $12 each—if the owner decides to sell the accumulated bitcoins. The address is labeled Noah Doe #1396 · Salomon Client Dusted, indicating it is linked to a court case in New York. Previously, the anonymous plaintiff requested that the New York Supreme Court declare 39,069 inactive Bitcoin addresses abandoned property under the state’s unclaimed property law.

Later, analysts at Galaxy Research discovered an address that moved for the first time since June 17, 2011. 10.74 BTC, currently worth $692,000, were sent from the wallet.

On August 22, two additional transactions occurred from old Bitcoin wallets, approximately two hours apart. Galaxy tracked 150 BTC, valued at $11.75 million, transferred from an address inactive since December 26, 2014. If the owner sells these Bitcoins, the profit would amount to 23,701% of the original purchase cost. This address is also labeled as Noah Doe #1680, indicating its connection to the New York lawsuit.

The fifth address moved 132.31 BTC to $10.37 million. The sixth address awoke on Thursday, August 27, transferring 40 BTC that had been inactive since May 28, 2012—over 14 years. The recipient of this transaction is known: the German bank Boerse Stuttgart Digital, which specializes in cryptocurrency custody. At the original cost of approximately $5 per coin, the potential profit from selling would have been 1,535,911%—the highest return of all six Galaxy Bitcoin addresses observed.

In early August, Lookonchain analysts discovered a Bitcoin wallet that had not been used since 2013. Its owner transferred 500 BTC, worth approximately $31.3 million, to a new address. Analysts believe the surge in activity on old addresses is linked to hacks of Coldcard hardware wallets, with crypto asset holders widely moving funds to new wallets.


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