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2012 Bitcoin Whale Wallet Reactivates With $56 Test, 2,100 BTC Still Untouched

Analysts say the activity looks like an access test, not an immediate sale.

Overview

  • The legacy P2PKH address 1NB3ZX received 2,100 BTC in July 2012 at roughly $6.6 per coin, a stash now valued near $148 million at current prices.
  • At 10:27 a.m. UTC Friday, on-chain data showed a tiny outbound transfer of about 0.00079 BTC ($55–$56) and consolidation of multiple UTXOs at the same address.
  • Arkham and other trackers indicate the full 2,100 BTC remain at the unlabeled legacy address with no further movement.
  • The owner and intent remain unknown, and small transactions like this are often used to verify wallet control before moving larger amounts.
  • This reactivation aligns with a recent pickup in early holder activity, including a 5,000-BTC wallet selling 1,000 BTC and Owen Gunden disposing of 650 BTC this week.