A Bitcoin wallet created on Nov. 2, 2011 moved 100 BTC at block height 967732, with the coins valued at more than $8 million based on the pricing cited in the report. The wallet’s acquisition cost dates back to a time when Bitcoin traded at $3.24, putting the original cost for 100 BTC at about $324 and the unrealized return at roughly 2.469 million%.
On the same day, four wallets created between February and March 2013 each transferred 25 BTC, for a combined 100 BTC, into a wallet associated with crypto custody firm BitGo. On-chain characteristics indicate those coins originally came from a March 2013 block reward. The miner tied to that batch has been sending similar amounts of BTC to BitGo in tranches since August 2025.
Taken together, the two sets of transfers totaled 200 BTC, with a current value of more than $16 million under the report’s figures. The new address used by the 2011 wallet is a P2WPKH address and has not been labeled by major block explorers as an over-the-counter desk or centralized exchange address. Whether the 2013 miner’s transfers to BitGo have already been sold cannot be confirmed from on-chain data, according to Bitcoin.com News.
A Bitcoin wallet created on Nov. 2, 2011 moved 100 BTC at block height 967732, according to a report cited by Odaily. Based on the pricing referenced in the report, the transferred coins were worth more than $8 million.
The wallet dates back to a period when Bitcoin traded at $3.24. That puts the original cost of 100 BTC at about $324, with an unrealized return of roughly 2.469 million%.
Another 100 BTC moved to BitGo the same day
Also on the same day, four wallets created between February and March 2013 each transferred 25 BTC. The combined 100 BTC was sent to a wallet belonging to crypto custody firm BitGo.
On-chain characteristics show that those bitcoins originally came from a block reward in March 2013. The miner tied to that batch has been sending similar amounts of BTC to BitGo in separate transfers since August 2025.
The two sets of transfers together totaled 200 BTC, with a current value of more than $16 million under the figures cited in the report.
On-chain data does not confirm a sale
The new address used by the 2011 wallet is a P2WPKH address. Major block explorers have not labeled it as an over-the-counter desk or a centralized exchange address.
As for the funds sent to BitGo by the 2013 miner, on-chain information does not confirm whether they have been sold, according to Bitcoin.com News.
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