dormant

According to CoinDesk, an address from the "Satoshi era" that has never been used since March 2011, holding 35.55 bitcoins (approximately $2.54 million), made a transfer this week, which is seen as one of the first publicly visible responses from defendants in a lawsuit involving approximately 3.8 million bitcoins (valued at about $285 billion) in New York.On-chain data shows that the address transferred 15 BTC to a new address on June 2, keeping the remaining 20.55 BTC as change. The address initially received bitcoins on March 27, 2011, when the price of BTC was less than $1.In March of this year, a plaintiff using the pseudonym "Noah Doe" filed a lawsuit in New York state court alongside two LLCs from Wyoming, attempting to claim ownership of approximately 3.8 million long-dormant bitcoin wallets under New York's lost property law, positioning themselves as the "discoverer." The court approved sending on-chain notifications to the relevant wallets via the bitcoin OP_RETURN field.In July 2025, the advisory firm Salomon Brothers Strategic Advisors sent dust transactions with links to legal notices to 39,000 wallets, including the aforementioned address, requesting holders to prove ownership within 90 days.Alex Thorn, head of research at Galaxy Research, pointed out that the address corresponds to defendant number 38215 in the case, stating, "Clearly, these bitcoins have not actually been abandoned."Additionally, another address that had been dormant for 15 years, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, also transferred 20 BTC (approximately $1.48 million) on the same day, but this address did not appear on Noah Doe's list of lawsuits.Analysis suggests that the on-chain movements mentioned above indicate that some bitcoins from the Satoshi era, considered "abandoned assets," are actually still under the control of the original holders.

According to monitoring by Lookonchain, the wallet associated with Ethereum co-founder Joseph Lubin (0x1b3...A7C2) holds 243,300 ETH (worth $370 million) and has transferred out 80,001 ETH (worth $12.16 million) after being dormant for over 3 years.

According to Onchain Lens monitoring, a dormant whale "0x280" for 3 years deposited 38,550 ETH in Aave V3, borrowed 90,000,000 USDT, and used circular lending to buy 54,092 ETH at an average price of $1,664.Currently, this whale address holds a total of 92,646 ETH, with a total value of approximately $146.55 million.

According to Onchain Lens monitoring, some whales are buying ETH, while others are selling. The wallet associated with '7 Siblings', '0x466', borrowed 60 million dollars to purchase 32,919 ETH at a price of 1,762 dollars, using 58 million dollars. This wallet still has 2 million dollars in unfilled orders to buy ETH. After being silent for 3 years, the whale '0x293' sold 10,000 ETH at a price of 1,772 dollars, exchanging it for 17.72 million USDC.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $274 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are attempting to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and that they have the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address.However, even if they win completely, they will ultimately only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses. But Galaxy indicates that the real value of the New York ruling lies in its potential to serve as a "title defect," allowing plaintiff Noah Doe to raise objections with exchanges or custodians if these bitcoins appear in any regulated venue.

Galaxy stated that in March this year, the New York State Supreme Court quietly accepted a lawsuit aimed at confirming the ownership of over 3.7 million bitcoins (approximately $27.4 billion) associated with 39,069 bitcoin addresses, including addresses belonging to bitcoin founder Satoshi Nakamoto (a total of 21,744 addresses holding 1.09 million bitcoins, valued at $83.7 billion at current prices).The plaintiffs are Noah Doe (a pseudonym) and two unnamed limited liability companies from Wyoming. Noah Doe requests the New York State Supreme Court to declare their ownership of these dormant addresses through a declaratory judgment action under New York State's lost property law (Section 7-B of the Personal Property Law) as per the New York Civil Practice Law and Rules Section 3001.In short, they are trying to have the New York court rule that the bitcoins of bitcoin founder Satoshi Nakamoto (and many other lost address bitcoins) belong to lost property, and they claim the right to legally own them because they "found" these cryptocurrencies. From June 30 to July 10, 2025, they sent "abandonment notices" via OP_RETURN to each found address. However, even if they win completely, they will only receive a court statement; they will not obtain any private keys and will not be able to transfer any bitcoins from these addresses.But Galaxy indicated that the real value of the New York ruling lies in its potential to serve as a "title defect." If these bitcoins appear in any regulated venue, the plaintiff Noah Doe can use this document to raise objections with exchanges or custodians.

According to Onchain Lens monitoring, a certain whale, after being dormant for 7 months, deposited 1504 ETH into OKX, worth 3.05 million dollars, with a loss of 2.82 million dollars.

According to Onchain Lens monitoring, after two years of silence, a giant whale deposited 3,466 ETH (7 million USD) into Kraken.

According to Cointelegraph, plaintiff Noah Doe and two limited liability companies from Wyoming filed a lawsuit in New York, USA, on May 1, seeking a court ruling on their ownership of 39,069 dormant Bitcoin addresses, citing New York State's lost property law, claiming that the relevant addresses' holdings constitute legally "abandoned property."The addresses involved include those starting with "12c6D" associated with Satoshi Nakamoto and those starting with "1Feex" linked to the Mt. Gox hack. According to estimates by Timechain Index founder, the listed addresses hold approximately 3.7 million BTC, valued at around $28.5 billion.However, Noveleader, chief research analyst at investment research firm Castle Labs, pointed out that even if the court rules in favor of the plaintiffs, it would only be symbolic, as the Bitcoin network itself does not have a mechanism for reallocating funds without private keys. Additionally, the plaintiffs sent legal notices to P2PKH format addresses, while the involved BTC is actually stored in P2PK scripts. The analyst believes this move is "structurally flawed," which could render the abandonment notice procedure itself invalid.

According to Lookonchain monitoring, after being dormant for over a year, two wallets deposited 1,650 BTC ($127 million) to FalconX 6 hours ago.

According to on-chain analyst Yu Jin's monitoring, a giant whale that obtained 69,400 ETH through issuance on Ethereum in 2015 woke up after 6 years of dormancy and conducted an ETH aggregation transfer 4 hours ago, transferring 69,878 ETH (worth $157 million) to 3 new wallets.The issuance price of ETH was $0.311, at that time these 69,400 ETH were worth $21,600, and now they are worth $156 million.

According to Onchain Lens monitoring, after a year of silence, a certain whale spent 7.31 million dollars to buy 3,224 ETH at a price of 2,267 dollars.

According to Lookonchain monitoring, after being inactive for over a year, wallet 0xB476 spent 5.81 million USDC to purchase 2,570 ETH at a price of $2,261.

According to monitoring by Lookonchain, a Bitcoin OG address that had been inactive for over 12 years (starting with 1KAA8G) transferred out 500 BTC (worth 40.62 million USD). When this address received the 500 BTC, the price of BTC was approximately 914 USD, and it currently has a profit of 40.17 million USD, with a return rate of 88 times.

Cryptoonchain posted on social media that the Bitcoin inflow CDD (Coin Days Destroyed) on the Binance trading platform has reached its highest level since the beginning of 2023. Bitcoin, which has been dormant for a long time, is starting to move, indicating that long-term holders and whales are taking profits in the $78,000--$80,000 range.The surge in Coin Days Destroyed means that earlier Bitcoins are flowing into trading platforms, indicating increased selling pressure. Historically, this behavior often signals the arrival of short-term volatility or local tops. The inflow peak in April has already shown early distribution signals across the market, and if buying demand cannot absorb this supply, Bitcoin may face a strong supply resistance wall.

According to Onchain Lens monitoring, after 2 years of dormancy, a giant whale deposited 141.26 BTC worth $11.16 million into Kraken.

According to crypto analyst Wazz, hundreds of wallets (many of which have been dormant for over 7 years) have been emptied on the ETH mainnet by the same address.Aragon team member @TheTakenUser also posted to confirm that funds in their wallet were transferred for unknown reasons. The initial cause of this incident has not yet been determined, and community analysis suggests it may be due to leaked old mnemonic phrases, private keys, or storage like LastPass from 2017-2020, or previous dangerous authorizations, rather than a new smart contract vulnerability.

According to Onchain Lens monitoring, after 3 years of silence, a giant whale deposited all 2301 ETH (5.5 million USD) into Kraken.

According to Onchain Lens monitoring, a certain wallet spent $7 million to buy 3,017 ETH after being dormant for 1.6 years, with an average purchase price of $2,320.In the past two days, this whale has purchased a total of 7,300 ETH, worth $17 million, and there may be further accumulation actions to follow.

According to on-chain analyst Ai Yi's monitoring, an ancient whale that had held 3000 BTC for 14.5 years has transferred again after four months, moving 500 BTC to a new address (bc1q9...h0s2j), worth 37.04 million dollars.The whale's cost was 0.37 dollars, and it still holds 2359 BTC, worth 174 million dollars.