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Ancient Bitcoin Wallet Reactivates, Turning $120 Into $3M After 15 Years of Silence

Summary by Crypto Briefing
A Bitcoin wallet dormant since 2011 moved 40 BTC worth $3.09M, logging a 2.5 million percent gain and complicating a $293B class-action lawsuit.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

5 Articles

DiarioBitcoinDiarioBitcoin

An Old Bitcoin Portfolio Moves From $120 to a Balance of $3 Million

An old Bitcoin portfolio that originally represented approximately $120 was reactivated after it remained inactive since November 2011. According to Decrypt, its 40 BTCs reached a value close to $3.09 million at the time of the move, without the available information confirming a sale or identifying who controls the funds.

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ProCoinNewsProCoinNews

2011 Bitcoin Wallet Turns $120 Into $3 Million After Nearly 15 Years

A Bitcoin wallet funded with roughly $120 in 2011 moved 40 BTC worth about $3.09 million as four long-dormant holders stirred in one week.

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Crypto BriefingCrypto Briefing
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Cryptocurrency News | Cryptocurrency Prices | Market CapCryptocurrency News | Cryptocurrency Prices | Market Cap

Ancient Bitcoin wallet reactivates, turning $120 into $3M after 15 years of silence

A Bitcoin wallet dormant since 2011 moved 40 BTC worth $3.09M, logging a 2.5 million percent gain and complicating a $293B class-action lawsuit.

Read Full Article
DecryptDecrypt

Ancient Bitcoin Wallet That Turned $120 Into $3 Million Wakes Up

At least four more decade-old wallets moved a combined $15.7 million between Aug. 29 and Sept. 4, with one batch of coins sent to Coinbase in a likely sign of a sale.

·New York, United States
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Decrypt broke the news in New York, United States on Saturday, September 5, 2026.
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