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In brief
- Four more long-dormant <a href="https://xpertsstudio.com/bitcoin-slides-as-blowout-jobs-report-revives-fed-hike-odds/” title=”Bitcoin Slides as Blowout Jobs Report Revives Fed Hike Odds”>Bitcoin wallets awakened between Aug. 29 and Sept. 4, moving a combined 202.84 $BTC (~$15.73 million), per Galaxy Research—led by a 146.06 $BTC stash ($11.31M) untouched since 2013.
- The 2011-era coins carried astronomical gains, including a 40 $BTC wallet up over 2.5 million percent; one 6.78 $BTC transfer was tagged with a Coinbase recipient attribution, typically signaling intent to sell.
- The moves extend a summer-long trend, following an earlier wave that shifted roughly $40 million in 10 days, with several wallets carrying “Noah Doe” lawsuit tags.
The parade of long-dormant Bitcoin wallets springing back to life is showing no signs of slowing, with at least four more ancient stashes stirring in recent days, one of them apparently headed for a sale.
According to Galaxy Research’s blockchain monitoring, the awakened wallets moved a combined 202.84 $BTC, worth roughly $15.73 million, between Aug. 29 and Sept. 4.
The largest, holding 146.06 $BTC, or about $11.31 million, had sat untouched since November 2013, nearly 12.8 years, and delivered a gain of about 12,902% on a cost basis near $595. A 40 $BTC wallet dormant since November 2011 followed, worth around $3.09 million and up a staggering 2,571,899% from an average cost of roughly $3. That means this patient hodler managed to turn roughly $120 in $BTC into more than $3 million—by sitting on it for close to 15 years.
Two smaller wallets rounded out the batch: 10 $BTC untouched since June 2011, worth about $777,000, and 6.78 $BTC last active in February 2011, valued near $551,000. The oldest coins carried astronomical paper gains, with the 2011-era holdings up more than 2,000% and, in one case, over 500,000% from their original cost.
The follow-up flurry extends a trend that’s sped up during the summer. Recent data from Galaxy chart shows Bitcoin’s oldest cohort, coins untouched for a decade or more, stirring at a pace rarely seen in 2026. An earlier wave saw six wallets move roughly $40 million in a single 10-day stretch in August.
Most such movements leave the coins’ fate ambiguous, since a transfer alone doesn’t reveal whether an owner is selling, consolidating or shifting to new custody. This time, one wallet offered a clearer signal.
Galaxy tagged the 6.78 $BTC transfer with a recipient attribution of Coinbase, indicating the decade-old coins were sent to the exchange, a move typically associated with an intent to sell rather than simply relocate funds.
Several of the reawakened wallets also carried “Noah Doe” sender tags, a reference to the New York lawsuit seeking to have thousands of dormant addresses declared abandoned property. Named wallets tied to that case have been stirring regularly since a judge paused the proceedings in June.
Why so many vintage holders are moving now remains unclear, but each awakening revives questions about long-lost supply returning to circulation.
Source: cryptonews.net