Bitcoin Wallet from 2011 Transfers 100 BTC, Costing $324 Now Worth Over $8 Million

By: news.bitcoin.com|2026/09/19 21:24:44

A Bitcoin wallet created on November 2, 2011, transferred 100 BTC at block height 967732, valued at over $8 million based on current prices. The wallet purchased Bitcoin at a price of $3.24, resulting in a cost of approximately $324 for 100 BTC, yielding an unrealized return of about 2,469,000%. On the same day, four wallets created between February and March 2013 transferred 25 BTC each, totaling 100 BTC, into the crypto asset custody company BitGo wallet. This batch of Bitcoin originally came from block rewards in March 2013; the miner has been continuously transferring similar amounts of BTC to BitGo since August 2025. The two transfers totaled 200 BTC, currently valued at over $16 million. The new address of the 2011 wallet is a P2WPKH address, which has not been flagged by major block explorers as belonging to over-the-counter traders or centralized exchanges; it is unclear from on-chain information whether the funds transferred by the 2013 miner to BitGo have been sold.

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