2011 Bitcoin Wallet Resurfaces, Sparking Wave of Dormant Coin Transfers A Bitcoin wallet from 2011 unexpectedly transferred $1.7 million in BTC after over 15 years of inactivity, triggering a flurry of transactions involving long-dormant coins. This includes a massive 600 BTC transfer on September 5th and several smaller movements throughout the month, totaling nearly 2000 BTC from wallets dating back a decade or more. A Bitcoin wallet dating back to 2011 has suddenly come back to life, moving 20.43 BTC worth roughly $1.7 million after more than 15 years of complete inactivity. Dormant Bitcoin Wallets Trigger Millions in ActivityAdvertisementCombined, Galaxy put the gain associated with the two groups of ancient outputs at approximately $1.724 million. There has been a rather notable series of transfers involving coins that had remained untouched for anywhere from four years to more than 16 years. One of the month's most notable events occurred on Sept. 5, when 12 wallets containing 50 BTC apiece moved a combined 600 BTC after more than 16 years of inactivity.The 600 BTC was worth roughly $48 million at the time. The old outputs were swept into newer, previously unidentified Bitcoin addresses. Blockchain investigators found no evidence establishing that the coins belonged to Bitcoin creator Satoshi Nakamoto despite their extremely early origin. During the first five days of the month alone, approximately 626.74 BTC from long-dormant wallets moved for the first time in years.That included eight wallets dating to 2013 that moved 25 BTC each within roughly 25 seconds. Galaxy Research tracked four wallets that had been inactive for at least a decade moving a combined 1,971.03 BTC between Sept. 6 and Sept. 22. On Sept. 19, yet another 2011 wallet moved 100 BTC worth approximately $8.09 million. Just three days later, on Sept. 22, a wallet that had been inactive since July 2012 moved 600 BTC worth approximately $51.9 million.Uphold Launches Industry-First XRP, BTC and HBAR Inheritance Solution for its Integrated Self-Custody Wallet Amaze Holdings (NYSE: AMZE) Executes Binding LOI to Acquire BullionFX | Alchemy, a Decentralized Gold-Backed Financial Ecosystem for Valued at US$155 Million