According to Odaily, a bitcoin wallet that had stayed dormant for about 15 years transferred nearly 50 BTC on Thursday, with the moved coins valued at roughly $3.2 million. The address in question had been inactive since it received 49.97 BTC in 2011, when the price of bitcoin was around $10. At that price, the original stash would have been worth about $500. The coins were then sent to a SegWit address. The destination address has prior on-chain history: it previously sent bitcoin to institutional brokerage FalconX and also received funds from wallets connected to Nexo and Prime Trust. The newly transferred BTC remains in that address and has not been moved further. The transaction surfaces as long-term holders review old storage arrangements after Coldcard hardware wallets suffered a major vulnerability attack. No evidence currently connects the 2011 wallet to that Coldcard vulnerability, according to the report.
A bitcoin wallet that had stayed dormant for about 15 years transferred nearly 50 BTC on Thursday, worth roughly $3.2 million, according to Odaily. On-chain data shows the wallet received 49.97 BTC in 2011, when bitcoin was trading around $10.
The coins were sent to a SegWit address. Records show that destination address previously sent bitcoin to institutional brokerage FalconX and received funds from wallets linked to Nexo and Prime Trust. The newly transferred BTC has not left that address so far.
The move comes after Coldcard hardware wallets were hit by a major vulnerability attack, with long-term holders reviewing older storage setups. No evidence so far links the 2011 wallet to the Coldcard vulnerability.
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