Bitcoin Miner Wallets Move 350 BTC After 16.5 Years
The 2010 mining origin puts long-dormant Bitcoin supply back in focus, while the transfer alone does not confirm selling pressure.
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The 2010 mining origin puts long-dormant Bitcoin supply back in focus, while the transfer alone does not confirm selling pressure.
Five of six wallets sent coins to non-exchange addresses, and Galaxy data shows 2026 dormant-BTC movement is on pace for under half of last year. Less supply pressure, not more.
Dormant supply from when bitcoin traded near $10 is resurfacing as Coinkite's $114M Coldcard exploit sends long-term holders back to audit old storage setups, with the receiving address already wired…
A $239B dormant-Bitcoin claim just hit a court stay, a same-day spend, and a new state-manual conflict over when abandoned crypto actually escheats to the government.
The Criminal Assets Bureau has now pulled 1,500 BTC from the case, but Arkham-tracked wallets still hold roughly 4,500 BTC, worth more than $275 million at current prices.
The plaintiff wants Satoshis-era coins declared lost property at under $10 a wallet, but the moment those untouched coins move, the claim collides with KYC and reporting law.
A New York Supreme Court judge has stayed a lawsuit seeking ownership of nearly 40,000 dormant Bitcoin wallets…
A 901-page filing asks a New York court to declare decades-old BTC addresses — including early miner and Satoshi-linked wallets — as abandoned property.
The coins sat untouched for 11 years before all five addresses sent the full balance to a burn script in a single day — a costly, irreversible exit from a wallet that never traded.