Bitcoin whales move $40M after decade-long dormancy
Six long-dormant Bitcoin wallets have transferred 553.59 BTC worth $40.15 million after remaining inactive for periods ranging from nearly 12 years to more than 15 years. Galaxy Research tracked the six movements from wallets dating to 2011, 2012, and 2014, although blockchain records do not reveal who controlled most of the addresses or why the owners transferred their holdings. ???? Awakened — dormant 14+ years 40.00 BTC ($3.14M) untouched since first received 2012-05-28 (14.2y ago) — just moved in block 964127 Address: 1MZX6ExdDzWefGbD6Dc4bShdBRoNA3ijLF Sender Attribution: none in our DB Recipient Attribution: Boerse Stuttgart Digital ???? Realized PnL:… — Galaxy Research (@glxyresearch) August 26, 2026 Five transfers went to addresses without known exchange links, offering no on-chain evidence that the Bitcoin was sold. The final transaction sent 40 BTC to an address labeled Boerse Stuttgart Digital, a German provider of crypto custody and trading infrastructure. Bitcoin wallets move 553 BTC over 10 days Beginning on Aug. 16, the first wallet transferred 8.54 BTC in block 962,770 after remaining inactive since June 13, 2011. Galaxy valued the holdings at about $538,000 when they moved, compared with an estimated acquisition price of around $14 per coin. Using the difference between the historical and transfer prices, the holdings had gained about 461,981%. The figure represents an









