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▲ Bitcoin (BTC), Satoshi Nakamoto/ChatGPT generated image
An early Bitcoin wallet, created immediately after Bitcoin (BTC) founder Satoshi Nakamoto disappeared, has awakened after approximately 14 years and 9 months. The Bitcoin, which was accumulated at around $3, realized an astronomical return of over 2.48 million%, drawing the market's attention.
According to U.Today on September 20 (local time), Galaxy Research announced via X (formerly Twitter) that a Bitcoin wallet that had remained frozen for over 14 years was reactivated. This wallet first received 100 BTC on November 2, 2011, several months after Satoshi Nakamoto ceased official activity and disappeared. It had since been left untouched for 14 years and 9 months without a single transfer.
At the time, the average purchase price for 100 BTC was approximately $3 per coin. The net profit realized from this transfer amounts to about $8.09 million, with a return rate of 2,486,052%. The volume was processed as a sudden transfer at block 967,732.
Behind the wallet's movement is a large-scale ownership dispute ongoing in a New York court. Galaxy Research stated that the address was identified as 'Noah Doe #3113'. In March 2026, a declaratory judgment lawsuit was filed in the New York State Supreme Court, claiming ownership of over 3.7 million BTC held in 39,069 dormant Bitcoin addresses. The plaintiffs, Noah Doe and two Wyoming-based LLCs, requested the court to acknowledge their ownership of long-dormant Bitcoin, including amounts linked to Satoshi Nakamoto.
The cryptocurrency community has been closely watching the key hearing of this lawsuit, which took place on September 8. As the dormant Bitcoin suddenly moved amidst the legal battle, there is a ripple effect concerning the true identity of the dormant whale and the potential for a large-scale sell-off.
The movement of a wallet that has awakened from a long sleep with millions of percent in returns is attracting extraordinary attention from the market. The market's focus is on how the disposition of large-scale dormant Bitcoin, intertwined with legal disputes, will affect future market supply and demand.
[Article Key Summary]
-A dormant wallet that received 100 BTC in November 2011, immediately after Satoshi Nakamoto disappeared, has been activated after approximately 14 years and 9 months.
-Bitcoin accumulated at $3 per coin surged by 2,486,052%, recording a realized profit of approximately $8.09 million.
-The address has been confirmed to be linked to the Noah Doe dispute, which claims ownership of 3.7 million BTC in the New York Supreme Court, causing a ripple effect.
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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