A Bitcoin wallet that had not spent funds since July 16, 2011 moved 49.97 BTC on Thursday, with the holding now valued at roughly $3.2 million after Bitcoin rose from around $10 at the time the coins were received. Galaxy Research said the wallet had remained inactive for more than a decade before the transfer. The transaction was included in block 961331 at 20:14 UTC on Aug. 6. It combined four inputs from the dormant wallet totaling 49.97 BTC with two smaller inputs from other addresses. Exactly 50 BTC was sent to a SegWit address, while about 0.00116 BTC was returned in a second output after fees. Arkham data indicate the destination address has been active for years rather than being a newly created wallet. The address previously sent 6.336 BTC and 16.131 BTC to wallets labeled as FalconX deposits and also received funds from wallets Arkham labels as a Nexo hot wallet and Prime Trust custody. The newly transferred 50 BTC was still sitting in that address as of Friday morning, leaving no on-chain evidence that the coins had been sent to FalconX, another exchange, or sold. Moves by early-era Bitcoin wallets often attract attention because they were funded when the asset traded at a tiny fraction of current levels. Such transfers can signal anything from wallet upgrades and custody changes to preparation for a sale, though movement alone does not show intent. The transaction also comes as security concerns have risen after Coinkite disclosed a Coldcard hardware wallet flaw. The company urged users on Tuesday to move funds after saying firmware dating to 2021 could expose keys generated by affected devices. Coinkite said attackers have swept as much as $114 million from vulnerable wallets since July 30 across four waves of thefts. There is no evidence connecting the 2011 wallet to that issue, but the disclosure has prompted long-term holders to review older storage setups.