Dormant Bitcoin Wallets from 2011 Activate, Transferring 20,000 BTC

04 July, 2025, 12:29 PM

## 20,000 Bitcoin Moved After 14 Years of Dormancy Two Bitcoin addresses, untouched since 2011, suddenly sprung to life today, moving a combined 20,000 BTC. The transfers have sparked speculation within the crypto community regarding the identity and motivations of the wallet owners. According to data from Blockchain.com, the two addresses each received 10,000 BTC on April 3, 2011, from a single originating address. While one recipient address moved its 3,377.83 BTC holdings in the same year, the two larger wallets remained dormant for over a decade. ## Bitcoin's Price Surge Turns $7,800 into Billions The 14-year period of inactivity witnessed an astronomical rise in Bitcoin's value. Initially worth approximately $7,800 collectively, the 20,000 BTC is now valued at roughly $2.18 billion – a staggering 13,982,800% increase. ## Mystery Surrounds Bitcoin Transfers The reason behind the sudden activation and subsequent transfers remains unknown. The identity of the address holders is also a mystery, leaving the crypto world to speculate on the potential reasons for the move. As reported by The Block, further details about the wallet owners remain a secret. ```