In a jaw-dropping moment for crypto watchers, two Bitcoin wallets holding a combined 20,000 BTC — untouched since 2011 — sprang to life late Thursday night, igniting speculation across the blockchain community.
🔍 What Happened?
According to on-chain data, the wallets — *“12tLs…xj2me”* and *“1KbrS…AWJYm”* — each received 10,000 BTC on April 3, 2011, from the now-famous address “1HqXB…gDwcK.” At the time, Bitcoin $BTC was trading for less than \$1 — making the total value of the transferred $BTC just $7,800
Fast-forward to today, and that same 20,000 BTC is now worth an eye-watering $2.18 billion — a staggering 13,982,800% increase in value. 💸
📦 Why It Matters
The wallets remained completely inactive for over 14 years, raising eyebrows about who might control them — a forgotten whale, an early miner, or even a Satoshi-era holder? Then, within a 30-minute window late Thursday night and early Friday morning, both addresses transferred their entire $BTC holdings to new wallets. The synchronized move has fueled rumors that a single entity may control both.
🧠 Fun Fact:
The transaction that funded these wallets came from a single wallet that originally sent 23,377.83 BTC to three destinations. The third recipient, which received 3,377.83 BTC, moved or spent those coins back in 2011.
📉 Meanwhile, Bitcoin Holds Strong
Despite the mysterious whale movement, Bitcoin held steady, down just 0.09%trading at \$109,064 early Friday morning. The crypto king continues to maintain strong support above the $100,000 mark, with analysts predicting a macro catalyst could send it soaring past its current all-time high of$118,000.