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Bitcoin wallets dormant since 2011 move coins, showing gains over 500,000% after 15 years

Market News
30 Aug 2026
UToday
View Source
Bullish
Bitcoin wallets dormant since 2011 move coins, showing gains over 500,000% after 15 years

Several Bitcoin wallets holding coins untouched since 2011 have recently moved their BTC, revealing massive gains of over 500,000%. For example, a wallet that received 10 BTC in June 2011 moved them in August 2026, realizing a gain of approximately 503,364%. This trend of old coins waking up has been observed throughout August 2026, with multiple wallets moving BTC that had been dormant for 13 to 15 years. While moving dormant coins doesn't necessarily mean selling, this activity is closely watched as it may signal shifts in market sentiment following Bitcoin's recent rally.

More News

Royal Caribbean buys 50% of Sandals Resorts, entering all-inclusive market with $3B deal

Royal Caribbean buys 50% of Sandals Resorts, entering all-inclusive market with $3B deal

Royal Caribbean Cruises Ltd. is expanding into the all-inclusive resort sector by acquiring a 50% stake in Sandals and Beaches Resorts for $3 billion. This strategic move aims to broaden Royal Caribbean's presence in the $2 trillion global vacation m...

Market News
Bullish
2 hours ago
CarMax expects Q3 revenue growth despite soft auto market and recent job cuts, with EPS forecast around $0.73.

CarMax expects Q3 revenue growth despite soft auto market and recent job cuts, with EPS forecast around $0.73.

CarMax is set to report its Q3 2026 earnings with analysts predicting an EPS of about $0.73 and revenue near $7.09 billion, indicating growth from last year despite a weak auto market. The company has recently cut 145 corporate jobs as part of ongoin...

Company Fundamentals
Neutral
2 hours ago
Micron Technology set for 40% stock rise on booming AI-driven memory demand.

Micron Technology set for 40% stock rise on booming AI-driven memory demand.

Micron Technology is poised for significant growth driven by strong AI demand for its memory products like DRAM, NAND, and HBM4. Analysts have set a price target of $1,520, suggesting a 40% upside from its current price of $1,082. Earnings are expect...

Analyst Insights
Bullish
3 hours ago
Capital One's stock outlook improves as Discover integration boosts payment volume 156%.

Capital One's stock outlook improves as Discover integration boosts payment volume 156%.

Capital One Financial Corporation sees a positive analyst outlook with Piper Sandler raising its price target to $260 and maintaining an Overweight rating. CEO Richard Fairbank highlights strong consumer credit performance and spending despite econom...

Analyst Insights
Bullish
3 hours ago
Zano network rolled back one month after token mint exploit allowed unauthorized tokens.

Zano network rolled back one month after token mint exploit allowed unauthorized tokens.

Zano has rolled back its blockchain network to block 3,833,000 following a security breach where a vulnerability in Gateway Addresses enabled unauthorized minting of ZANO and Freedom Dollar tokens. This rollback aims to remove the illegitimate tokens...

Market News
Bearish
4 hours ago
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