In a rare and mysterious event, two long-dormant Bitcoin wallet addresses have suddenly become active after more than 14 years, moving a total of 20,000 BTC — now worth over $2.18 billion — in a series of late-night transactions.
Originally acquired in April 2011, these Bitcoin holdings were valued at just $7,800 at the time, reflecting a jaw-dropping return of nearly 13,982,800% today.
A Look Back: The Origins of the Moved Bitcoin
The story begins in 2011, when a single Bitcoin wallet — labeled “1HqXB…gDwcK” — received a large sum of 23,377.83 BTC. Shortly after, the funds were split among three new wallet addresses. Two of those addresses, “12tLs…xj2me” and “1KbrS…AWJYm”, each received 10,000 BTC, while the third address took the remaining balance.
Over the years, the third wallet moved its funds, but the other two remained untouched — until now.
The Recent Movement and Current Status
Late Thursday night into early Friday morning, onchain data revealed that the two dormant wallets transferred their entire 10,000 BTC balances — each — to fresh, unidentified destinations. The transfers occurred within 30 minutes of one another, sparking interest and speculation across the crypto community.
At present, the newly receiving wallets have not made any further transactions, and there’s no indication yet as to who owns or controls these assets.
This kind of movement, especially involving so-called “Satoshi-era” coins (early BTC mined or received in the first years), often stirs curiosity, as it’s incredibly rare. Whether it’s a forgotten holder reclaiming their fortune, an estate being settled, or a coordinated security move remains to be seen.
For now, the identity and motivation behind this billion-dollar transfer remain a mystery.
