Oh look, six wallets that haven't touched their coins since 2011, 2012, and 2014 just dumped 553.59 BTC into circulation between Aug 16 and 26 – worth $40.15M at current prices. Galaxy Research caught the whole thing, and two of these addresses are literally tagged to a lawsuit trying to claim 39k dormant Bitcoin as 'abandoned property'. Yeah, because the government totally deserves your forgotten bags. Classic.
▪️ Aug 16: First wallet hits block 962,770 – 8.54 BTC from June 2011, bought for ~$14 each, now worth $538K. That's a 461,981% gain. No sender label – guess they forgot they even had it. Rookie mistake.
▪️ Aug 18: The big one – 212 BTC from Aug 10, 2012 ($13.66M) moves out, tagged 'Noah Doe #1396 · Salomon Client Dusted'. That's directly from the NY abandoned-property lawsuit.
▪️ Same day: Another 2011 wallet moves 10.74 BTC ($692K), no attribution. Someone's clearing house – or just testing the waters.
▪️ Aug 22: Two moves within two hours – 150 BTC from Dec 26, 2014 ($11.75M, tagged 'Noah Doe #1680') and 132.31 BTC from three 2011 addresses ($10.37M, best gain +807,639%).
▪️ Aug 26: Final move – 40 BTC from May 28, 2012 ($3.14M) lands at Boerse Stuttgart Digital, a German crypto custody bank. That's a 1,535,911% return – not bad for a decade of doing nothing.
▪️ No sender attribution on five of the six wallets – whoever they are, they kept their keys quiet for 14 years. Diamond hands? More like forgotten hard drives. Congrats on not losing the seed phrase.
📊 Total BTC moved (the bag):
553.59 BTC📊 Oldest coin age (diamond hands):
15.1 years📊 Biggest single gain (tx fees probably higher):
+1,535,911%📊 Lawsuit-linked tags (courtroom drama):
2 of 6If you thought those old coins were gone forever, you're about to learn the hard way. The Noah Doe lawsuit is the real ticking bomb – if a judge declares those 39k addresses abandoned, expect a massive wave of sell orders hitting exchanges. And that move to a German bank? Someone finally decided to go legit instead of staying in the shadows. No panic yet, but keep your eyes on the court rulings. When that judge's pen drops, so will the price. Don't say I didn't warn you.
🔮 39,069 dormant addresses waiting for a judge's pen – that's the real whale nobody's talking about. If they get declared abandoned, your support lines are toast. Enjoy the squeeze.
@exverse_chat