---
title: "Dormant 2013 Bitcoin wallet moves 411 BTC worth about $34 million"
language: en
canonical: "https://whycoinmoves.com/en/events/bitcoin-ca5cd42ea2664c"
published: 2026-10-20T05:36:57.000Z
updated: 2026-10-20T07:57:45.000Z
indexable: false
---

# Dormant 2013 Bitcoin wallet moves 411 BTC worth about $34 million

Attributed sources: [CoinDesk](<https://www.coindesk.com/markets/2026/10/19/bitcoin-whale-moves-usd34-million-in-btc-it-got-in-2013-when-coins-traded-at-usd131>)

## Key facts

CoinDesk reports that a Bitcoin wallet inactive since 2013 transferred 411 BTC, worth about 34 million dollars at the time of reporting, and that it is one of several long-dormant wallets to become active recently. The report is from a media outlet, not an official source, and does not identify the wallet's owner or destination.
News evidence score: 30/100 from 1 publisher group(s) (CoinDesk); this measures source completeness, not truth or causation.
After site detection, observed returns were 5 minutes: +0.11% (difference from BTC 0.00 pp; 20/10/2026, 13:37 → 20/10/2026, 13:44, UTC+8; OKX · USDT); 1 hour: -0.10% (difference from BTC 0.00 pp; 20/10/2026, 13:37 → 20/10/2026, 14:38, UTC+8; OKX · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 20/10/2026, 13:36, UTC+8). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC+8) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | +0.11% | +0.11% | 0.00 pp | 20/10/2026, 13:37 → 20/10/2026, 13:44 | OKX · USDT |
| 1 hour | -0.10% | -0.10% | 0.00 pp | 20/10/2026, 13:37 → 20/10/2026, 14:38 | OKX · USDT |
| 24 hours | — | — | — | — | — |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 99.9% (719/720) |
| Median absolute hourly return | 0.15% |
| 99th percentile of absolute hourly returns | 1.23% |
| BTC beta | 1.00 |
| Source / cutoff (UTC+8) | OKX · USDT / 20/10/2026, 13:36 |

## Claims and open questions

- CoinDesk reports a wallet dormant since 2013 moved 411 BTC, now worth about $34 million.
- CoinDesk describes the wallet as one of several long-dormant wallets to wake up recently.
- Who controls the wallet that moved 411 BTC, and where the funds were sent, is not established in the evidence; on-chain analysis or a statement from the owner would confirm it.
- The total number of recently reactivated long-dormant wallets is not specified in the evidence; on-chain data tracking the other wallets would confirm it.
- Whether the 411 BTC transfer involved a sale is not shown; exchange notices or on-chain flows to trading venues would confirm it.

## Source evidence

- [Bitcoin whale moves $34 million in BTC it got in 2013 when coins traded at $131](<https://www.coindesk.com/markets/2026/10/19/bitcoin-whale-moves-usd34-million-in-btc-it-got-in-2013-when-coins-traded-at-usd131>) — CoinDesk; published 19/10/2026, 14:23; received 20/10/2026, 13:36 (UTC+8).


## Recent BTC events and market reactions

- [Reports: Strategy buys $22M in bitcoin, repurchases $193M in STRC](<https://whycoinmoves.com/en/events/bitcoin-a8e56e82aac2a7>)
- [Full coin archive](<https://whycoinmoves.com/en/coins/bitcoin>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.