12-Year-Old Bitcoin Fortune Springs to Life—$47M Shifted to Bitgo as BTC Hits Record High
2025-07-11 13:32:53
Main Idea
A dormant Bitcoin stash from 2013, worth $47.19 million, was moved to a Bitgo-linked wallet amid recent whale activity in the Bitcoin market.
Key Points
1. 400 BTC from 2013 wallets, originally worth $13,724, were transferred to a Bitgo-linked wallet, now valued at $47.19 million.
2. The transfers occurred on July 11, with each of the 16 legacy P2PKH wallets sending exactly 25 BTC to a P2WPKH address.
3. This follows other recent whale movements, including 80,000 BTC from 2011 and 99.99 BTC from a 2017 wallet.
4. The destination of the 400 BTC is unclear—whether for sale or safekeeping under Bitgo's custody remains unknown.
Description
As bitcoin climbed to a fresh record of $118,839, a long-dormant stash dating back to 2013 suddenly sprang to life—400 BTC moved for the first time in well over 12 years. Whale Reawakens: Dormant 2013 Bitcoin Cache Moves to a Custodian The blockchain parser btcparser.com shows a sizable trove of dormant coins stirred to life
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