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Bitcoin address dormant for 15 years moves 8.54 BTC, gaining over 461,000% since 2011.

Market News
17 Aug 2026
UToday
View Source
Neutral
Bitcoin address dormant for 15 years moves 8.54 BTC, gaining over 461,000% since 2011.

A Bitcoin address that had been inactive since June 2011 suddenly moved 8.54 BTC, now worth about $538,000, marking a gain of approximately 461,981% from its original value. The wallet's activation is notable as it dates back to the early days of Bitcoin, though it's unlikely linked to creator Satoshi Nakamoto. Similar long-dormant cryptocurrency addresses have also been activated recently, but such moves don't necessarily mean the coins will be sold—they could be for security or organizational reasons.

More News (BTC)

Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Cardano Foundation gets first-ever blockchain-attested audit from Grant Thornton Switzerland

Grant Thornton Switzerland has officially attested the Cardano Foundation's 2025 financial statements directly on the Cardano blockchain, marking the first time a major crypto organization has received an on-chain auditor's signature. This audit, dat...

Protocol Fundamentals
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4 hours ago
Bitcoin price falls 2.1% after US jobs data boosts Treasury yields and weakens risk appetite

Bitcoin price falls 2.1% after US jobs data boosts Treasury yields and weakens risk appetite

Bitcoin briefly rose above $82,000 on September 4 but then dropped 2.1% to around $79,560 after stronger-than-expected US employment data raised Treasury yields and the likelihood of a Fed rate hike. This weakened demand for risk assets like Bitcoin,...

Market News
Bearish
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Bitcoin tests crucial $78,000 support after dropping nearly 4% from $82,281 peak

Bitcoin tests crucial $78,000 support after dropping nearly 4% from $82,281 peak

Bitcoin fell nearly 4% from its recent high of $82,281 to around $79,000, testing a key support level at $78,000. This support will determine if the recent bullish breakout holds or if prices could drop further toward $74,081. The prior rise was part...

Market News
Neutral
6 hours ago
Bitcoin drops below $78,700 wiping out $295M in long positions after strong US jobs data.

Bitcoin drops below $78,700 wiping out $295M in long positions after strong US jobs data.

Bitcoin surged past $82,000 before sharply falling below $78,700, erasing nearly all gains after strong US employment data reduced expectations for a Federal Reserve rate cut. This sudden reversal triggered over $295 million in long position liquidat...

Market News
Bearish
7 hours ago
Bitcoin-gold correlation hits 6-year high as Bitcoin nears $85K amid investor flight to safe assets.

Bitcoin-gold correlation hits 6-year high as Bitcoin nears $85K amid investor flight to safe assets.

Bitcoin's price rose nearly 1% to around $79,262 on September 4, extending a one-month rally of about 23%. Simultaneously, gold prices climbed sharply, pushing their correlation to the highest level in six years. This trend reflects growing investor ...

Market News
Bullish
8 hours ago
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