A Bitcoin wallet that had been dormant for over 14 years moved 30 BTC on July 5, 2026, in block 956627, according to Galaxy Research. The coins last moved on August 7, 2011, when Bitcoin traded near $9, and the transfer's current value is approximately $1.88 million.
The wallet's astounding 719,000% gain over nearly 15 years highlights the immense long-term appreciation of early Bitcoin holdings. Galaxy Research Head of Research Alex Thorn confirmed the transfer belongs to the so-called Noah Doe group of wallets, noting that dormant addresses linked to this category have been waking up more frequently in recent months.
The Noah Doe coins are central to a high-stakes legal dispute in New York, where a plaintiff—Noah Doe, along with two Wyoming LLCs—seeks ownership of 39,069 dormant Bitcoin addresses via a declaratory judgment. Some of these addresses are allegedly tied to Bitcoin creator Satoshi Nakamoto. The case recently took a new turn when defendant John Doe 33 filed a motion to dismiss. While the latest on-chain activity does not resolve ownership, it keeps the spotlight on one of Bitcoin's most closely watched legal battles and could influence market sentiment about long-dormant coins potentially entering circulation.
