Four dormant Bitcoin wallets move $161 million after years of inactivity

  • Four dormant Bitcoin wallets transferred a combined 1,971.03 BTC between Sept. 6 and Sept. 22.
  • The transfers were worth approximately $161 million, including 1,260.78 BTC valued at about $100.63 million and 600 BTC worth about $51.9 million.
  • Three wallets used a "Noah Doe" sender tag linked to a New York abandoned-property lawsuit, while recipients of the latest 600 BTC transfer were not identified on-chain.

Four long-dormant Bitcoin wallets transferred a combined 1,971.03 BTC worth about $161 million between Sept. 6 and Sept. 22, according to Galaxy Research. The transfers included 1,260.78 BTC worth about $100.63 million from a wallet dormant since July 2016, 600 BTC worth about $51.9 million from a wallet inactive since July 2012, 10.25 BTC worth about $792,000 from a wallet dormant since March 2011, and 100 BTC worth about $8.09 million moved on Sept. 19, 2026, after being received on Nov. 2, 2011. Three wallets carried a "Noah Doe" sender tag linked to a New York lawsuit seeking to have thousands of dormant Bitcoin addresses declared abandoned property. The transfers demonstrate Bitcoin's long-term appreciation and transparent but pseudonymous on-chain activity, but do not establish whether the coins were sold, consolidated or moved into new custody.

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