A Bitcoin wallet inactive since May 2011 has transferred 20.43 BTC, valued at approximately $1.7 million, ending 15.4 years of dormancy. On-chain data indicates the coins originated from Braiins (Slush Pool) mining payouts and were moved to SegWit addresses with transaction fees under $1. The funds have not yet been sent to any known exchange deposit address.
Previous transfers from this wallet carry labels associated with Mt. Gox and Silk Road, both prominent in the 2011 era. While this specific movement is unrelated to current distributions, the Mt. Gox trustee still holds approximately 34,500 BTC, with a creditor claim filing deadline set for October 31, 2026.
Dormant Bitcoin Wallet Moves 20.43 BTC After 15.4 Years of Inactivity
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
