Dormant Bitcoin wallet moves all 600 BTC after more than 14 years, sitting on a $51.24 million paper gain

Dormant Bitcoin wallet moves all 600 BTC after more than 14 years, sitting on a $51.24 million paper gain

N
News Editor
2026-09-22 07:45:33
A Bitcoin wallet that had been inactive for more than 14 years has moved its entire 600 BTC balance, according to on-chain data cited by BlockBeats on Sept. 22. The coins were originally accumulated when Bitcoin traded in a range of $7.58 to $8.09. The full balance was transferred out at 15:22:20 Beijing time on the same day. Based on the figures provided in the source report, the position was carrying an unrealized gain of $51.24 million at the time of the transfer. The report did not disclose any destination details beyond the movement itself, but it identified the address as a long-dormant whale wallet that had now become active again after more than a decade. The transaction stands out because it involved the wallet’s entire holdings rather than a partial transfer.

A Bitcoin whale wallet that had been dormant for more than 14 years transferred out its entire 600 BTC balance on Sept. 22, according to on-chain data cited by BlockBeats.

The report said the wallet had accumulated the coins when Bitcoin was priced at $7.58 to $8.09. The holder had built a position of 600 BTC during that period.

The full amount was moved at 15:22:20 Beijing time on Sept. 22. Based on the figures in the report, the position was showing an unrealized gain of $51.24 million at the time of the transfer.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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