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Bitcoin wallet that has been dormant for more than 14 years has suddenly awakened. Galaxy Research reported this development in a recent X post.
According to Galaxy Research, 30 BTC, untouched since they were first received on August 7, 2011, were moved in Bitcoin block 956627. Taken from the time they were first received, the period of dormancy equates to 14 years and 9 months.
Awakened — dormant 14+ years
30.00 BTC ($1.88M) untouched since first received 2011-08-07 (14.9y ago) — just moved in block 956627
Address: 1KV47ho8CG2vcTtBQwkfNCgzUVBuBeZkLG
Attribution: Noah Doe #38530 · Salomon Client Dusted
Realized PnL: +$1.84M (+719,353% gain) -…
The BTC moved is believed to be part of the 'Noah Doe' coins and is worth $1.88 million at current Bitcoin prices.