Two 13‑Year‑Dormant Bitcoin Wallets Move 2,000 BTC (US$178M) to New Address

Published: 2025-12-06 00:22:24 |

Two Bitcoin wallets that had been dormant for more than 13 years moved a total of 2,000 BTC (about US$178.29 million) to a new wallet, according to on‑chain monitoring by Onchain Lens. The coins are physical Casascius bitcoins minted by Mike Caldwell between 2011 and 2013. No additional context or statements from the original owner were reported. The transfer was flagged by chain analytics and could attract interest from traders monitoring long‑term holder activity and potential market flow of historically inactive supply. Primary keywords: Bitcoin, BTC, dormant wallet, Casascius, Onchain Lens. Secondary/semantic keywords: long‑term holder, on‑chain transfer, large sell pressure, market liquidity, whale movement.

Neutral

A transfer of 2,000 BTC from 13‑year dormant wallets is notable but not immediately market-moving on its own. Historically, movements from long‑inactive wallets draw trader attention because they can presage selling, but many such transfers are simply consolidations or shifts to cold storage and do not result in immediate liquidation. At ~2,000 BTC (~US$178M), the size is large but small relative to global BTC daily volumes and total market cap; thus short‑term volatility could increase if market participants interpret the move as preparation to sell, especially during low‑liquidity periods. Conversely, if the coins remain in custody or are moved to other cold wallets, the move will have minimal price impact. Past precedents (e.g., long‑dormant Satoshi‑era movements) have produced temporary price reactions and heightened volatility but no sustained directional change unless followed by on‑exchange deposits or large sell orders. For traders: monitor on‑chain indicators (exchange inflows, address labels), orderbook depth, and whether subsequent transactions route the coins to exchanges. Short term: potential volatility and sell‑side pressure if exchanged; Long term: negligible unless the holder systematically liquidates significant portions.