A Bitcoin wallet created on Nov. 2, 2011 moved 100 BTC at block height 967732, according to ChainCatcher. At the time of the transfer, the holdings were worth more than $8 million. The wallet had acquired the coins 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 moved 25 BTC, for a combined 100 BTC, into wallets belonging to crypto custody firm BitGo. On-chain traces indicate those coins originally came from block rewards in March 2013. ChainCatcher said the miner behind those funds has been sending similar-sized BTC batches to BitGo since August 2025.
Taken together, the two transfers totaled 200 BTC, currently valued at more than $16 million. The destination for the 2011 wallet was a P2WPKH address that major block explorers have not labeled as an over-the-counter desk or centralized exchange address. Whether the 2013 miner’s transfers into BitGo have already been sold cannot be confirmed from on-chain data alone.
A Bitcoin wallet created on Nov. 2, 2011 moved 100 BTC at block height 967732, according to ChainCatcher. Based on the price at the time of the transfer, the coins were worth more than $8 million.
On-chain data shows the wallet acquired the 100 BTC when Bitcoin was priced at $3.24. That puts the cost basis 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 wallets at crypto custody firm BitGo.
On-chain characteristics indicate those bitcoins originally came from block rewards in March 2013. ChainCatcher said the miner has been sending similar amounts of BTC to BitGo in batches since August 2025.
Total transfers reached 200 BTC
The two sets of transfers added up to 200 BTC, with a current value of more than $16 million.
The new destination address used by the 2011 wallet was a P2WPKH address, and major block explorers have not tagged it as an over-the-counter desk or a centralized exchange address. For the 2013 miner’s transfers into BitGo, on-chain data cannot confirm whether the funds have already been sold.
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