30 Bitcoins, which had been dormant for over 14 years, moved again on the network. Galaxy Research announced that these assets, which were first acquired on August 7, 2011, were moved in block 956627 on the Bitcoin network. It is calculated that the wallet in question has not made any transactions for approximately 14 years and 9 months.
The movement in the old wallet attracted attention
It is considered that the 30 BTCs moved are linked to the address group known as “Noah Doe” in the market. At current prices, the total value of these assets is approximately $1.88 million. Considering that the average purchase cost is 9 dollars, the realized profit reaches 1.84 million dollars. This indicates an increase of approximately 719353 percent.
Galaxy Research announced that 30 BTC, untouched since 2011, were moved in Bitcoin block 956627.
Bitcoin is trading at $62719 at the time of publication. This price remains 50.29 percent below the all-time high of $126198 seen in October 2025.
Noah Doe connection and litigation
Alex Thorn, Head of Research at Galaxy Research, stated that the moved coins are part of the Noah Doe group, which has been dormant for almost 15 years. Thorn pointed out that the movement speed of old Bitcoins attributed to this group on the chain has gradually increased in recent months.
Alex Thorn states that dormant coins associated with Noah Doe have begun to move on the chain faster and faster in recent months.
Noah Doe stands out as one of the anonymous plaintiffs who applied to a court in New York to determine that he owns the ownership of a total of 3.8 million Bitcoins held at 39069 addresses. It is claimed that these addresses include wallets associated with Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The lawsuit also names two unnamed companies based in Wyoming.
In summary, the plaintiffs demand that the ownership of 39069 Bitcoin addresses, which have been dormant for a long time, and all assets in these addresses be given to them. The legal process is based on a request for a court decision to determine ownership.
Mini dictionary: Ownership determination lawsuit is a legal remedy that aims to clarify the ownership right on a property or asset by a court decision. New York’s lost property regulation may, under certain circumstances, provide grounds for claims on assets that are abandoned or unclaimed for a long time.
There was a new development in the case file
A new side has recently emerged in the case file. The person referred to as “John Doe 33” submitted his first procedural objection to the court, claiming that the case was invalid and requested that the file be dismissed.
This development shows that old Bitcoin wallets, which have been dormant for years, have come to the fore again not only with their on-chain movements but also with possible ownership disputes.
