CoinDesk·4 min read·hard
A bitcoin wallet dormant since 2013 moved $31 million, and it's not the only one
O
Omkar Godbole
✦AI Summary
A dormant Bitcoin wallet moved $31 million in assets, coinciding with a surge in old-coin movement following a security vulnerability in Coldcard hardware wallets. Analysts suggest the activity may be a precautionary measure by users concerned about self-custody security.
The wallet labeled 18TExP, dormant since 2013, moved 500 BTC, worth $31.3 million, in a transaction first flagged by on-chain tracker Whale Alert . The coins were worth roughly $500,000 when they last moved, 12.7 years ago.
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