A wallet born Nov. 2, 2011 just swept out its entire 100 BTC — over $8 million — while bitcoin sat near $82,000. Ten blocks earlier a second cluster of ancient coins moved another 100 BTC. Combined: 200 BTC, $16 million, all on one Saturday, and every single coin older than most of the people trading it.
▪️ Paid $3.24 a coin on Nov. 2, 2011 — $324 for all 100 — then hit send-everything: one P2PKH sweep into a brand new P2WPKH wallet.
▪️ Arkham and every major explorer draw a blank on that receiving wallet. No link to an OTC desk or a CEX. Blockchair gives it a privacy score of 55/100 — sweeps always look tidy.
▪️ Ten blocks earlier, at block 967722, four legacy P2PKH addresses each moved 25 BTC — all born Feb-Mar 2013, when BTC ran from $32 on Mar 1 to $91.95 on Mar 31 as Cyprus banks blew up.
▪️ Those four consolidated into a single P2WPKH wallet Arkham flags as a known Bitgo address, one that has swallowed 100 BTC batches before. Privacy score around 60.
▪️ Onchain heuristics say that entity is a miner: its first Bitgo transfers were 25 BTC batches of March 2013 block rewards, and it has been feeding Bitgo like that since August 2025.
📊 Block of the 2011 sweep:
967732📊 Nov 2011 entry price:
$3.24📊 2011 unrealized gain:
2,469,035%📊 2013 miner cost basis:
~$3,200The 2013 miner isn't panicking — he's been drip-feeding Bitgo since August 2025, and Bitgo is a custodian, so those coins may be parked, not dumped. The 2011 holder is the wildcard: he moved into a wallet nobody can name, which puts an OTC desk or an exchange one hop away — or means nothing happens at all. A September stuffed with waking sleepers plus BTC above $81,000 is exactly how tops get assembled — old hands getting their exit liquidity lined up while you're watching charts.
🔮 Cost basis $324, BTC at $82K: neither guy gives a shit what you paid. The question is whether 100 BTC in an untraceable wallet is headed for a bid.
@exverse_chat
