A bitcoin wallet dormant since 2013 moved $31 million, and it’s not the only one
A 12-year-old bitcoin wallet moved $31 million on Monday, part of a broader wave of dormant coins shifting since the Coldcard hack.
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Summary
- A long-dormant bitcoin wallet holding 500 BTC, inactive since 2013, moved all its funds on Monday amid a widening security crisis involving Coldcard hardware wallets.
- On-chain data show a notable spike in the movement of old coins, some dormant for five to 10 years or more, amid the ongoing multi-million dollar Coldcard hack incident.
