Another Dormant Bitcoin Wallet Holding Millions Wakes Up After 12 Years
In briefThe coins were first received on January 31, 2014, and moved in block 961845 at 07:03 UTC on August 10, 2026. Galaxy Research tracked the move; the position carries a potential realized gain of roughly. . .
In briefThe coins were first received on January 31, 2014, and moved in block 961845 at 07:03 UTC on August 10, 2026. Galaxy Research tracked the move; the position carries a potential realized gain of roughly $1. 73 million, up 7,975% on an ~$803 average cost. It’s the second old-coin awakening flagged this month, after a 2011 wallet moved 49. 97 BTC on August 6. Another long-time dormant Bitcoin address just woke up—this one after 12 and a half years of inactivity. The Bitcoin wallet beginning in “14vMEC” first took in BTC on January 31, 2014, when BTC traded well under $1,000. It held for 12. 5 years before a single transaction swept the balance to a fresh address in block 961845 at 07:03 UTC on August 10. The move could potentially realize a gain of about $1. 73 million, a 7,975% return on an average basis near $803 per coin. That return profile is specific to Bitcoin’s early years, when the asset was a thinly traded experiment rather than a $1. 3 trillion market. Few holders kept the keys that long, which is why these awakenings draw attention: they show supply moving that most observers assumed was lost. 🌚 Awakened — dormant 12+ years26. 96 BTC ($1. 75M) untouched since first received 2014-01-31 (12. 5y ago) — just moved in block 961845Address: 14vMECU9ta5sUrBhbUUnPmDjtx8Vqm6Eum💰 Realized PnL: +$1. 73M (+7,975% gain) – basis ~$803 avg – held 12. 5y🕐 2026-08-10 07:03 UTCTXID:…— Galaxy Research (@glxyresearch) August 10, 2026Cryptocurrency research firm Galaxy flagged the move in a post on X, but didn’t flag a sale. The transfer alone doesn’t confirm the coins hit the market. But a sweep to a fresh address often precedes consolidation or a staged move toward a venue where the BTC could be sold or posted as collateral. A longer pattern?This isn’t an isolated stir. Previously dormant Bitcoin wallets have been reactivating with greater frequency over the last couple years. Another dormant Bitcoin whale awoke just last week, when a wallet holding 49. 97 BTC since July 16, 2011—acquired near $10 a coin—moved the funds after 14 years. That address then sent funds to a FalconX-labeled wallet, per Arkham Intelligence data, raising the same question of whether old supply is being pre-positioned for sale. Two awakenings in one month fit a longer pattern. Old coins have been stirring repeatedly over the past two years: a cluster of wallets dormant since 2013 moved $2 billion in dormant Bitcoin in a single January session back in 2024, and another whale relocated 3,000 BTC worth over $349 million after a decade of silence, part of a stretch where one holder sold more than 80,000 BTC in a month. Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more. Source:https://decrypt. co/375266/dormant-bitcoin-wallet-millions-wakes-up-12-yearsPost navigation