The U.S. Department of Justice credited Tether with helping restrain more than $52 million in cryptocurrency tied to Xinbi Guarantee and vendors accused of servicing international scam operations. The DOJ’s Scam Center Strike Force seized two cryptocurrency wallets used by Xinbi to collect vendor payments, holding approximately $12 million, and sought restraint of another 47 wallets believed to be connected to money laundering across the network. The DOJ specifically thanked Tether for its proactive assistance in the investigation. Xinbi Connected…
Legacy Bitcoin Wallet Wakes Up After 13.7 Years With Tiny BTC Transfer
A 2012 Bitcoin Holder Just Broke a 13.7-Year Silence
A long-dormant Bitcoin wallet identified as 1NB3ZX has moved funds for the first time in roughly 13.7 years, reviving attention around one of the market’s older and more profitable holders. According to the BitInfoCharts address page, the wallet sent out just 0.0007889 BTC, worth about $55.71 at the time of transfer, on March 20.
The transfer itself was tiny, but the dormancy was not. Wallets that have stayed untouched since Bitcoin’s early years are closely watched because any movement can signal renewed owner access, estate management, security testing or eventual supply returning to the market.
The Wallet’s Profit Is Massive
The same address page shows the wallet received 2,100 BTC on July 4, when Bitcoin traded at about $6.59. That puts the original position value near $13,839.
At the time of the latest movement, the wallet still held about 2,100.003169 BTC, worth roughly $148.0 million to $148.3 million depending on the exact spot price used at the moment of calculation. On that basis, the unrealized gain sits near $148 million, and the return multiple is roughly 10,700 times the original entry price.
That kind of performance helps explain why old wallets attract outsized attention. Even a minimal transfer can represent control over life-changing value, and any sign that such a holder is active again tends to feed speculation about broader selling or long-term distribution.
Why the Tiny Transfer Matters
The most important detail is that the wallet did not send out a meaningful share of its balance. It moved only a fraction of a coin while keeping the full core position intact.
That makes the event look less like a sale and more like a test transfer, dust move or ownership check. Large dormant holders sometimes move tiny amounts first to confirm access to keys, verify a destination address or test operational setup before making larger decisions.
In other words, the headline is not that 2,100 BTC just hit the market. Seems wallets from Bitcoin’s early era are getting active again after more than a decade of silence.
What Traders Will Watch Next
The next question is whether this remains an isolated micro-transfer or becomes the first step in a broader repositioning.
If the address starts sending larger tranches to exchanges, OTC desks or new wallet clusters, the market will likely treat it as a real supply event. If activity stops after this tiny move, the episode will probably be read as a wallet check rather than an exit signal.
That distinction matters because dormant coins are often viewed as effectively removed from active circulation. Once they begin moving, they become part of the supply conversation again, even if only as a possibility.
price
price change
For now, the wallet’s real message is simple: one of Bitcoin’s older holders is no longer completely asleep, even if the first move was only worth about $56.
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Written by
Gianluca Longinotti
@Gianluca
Born in Italy, Gianluca is a finance and data specialist, coming from an academic education at Sorbonne University in Paris and a career as Senior Advisor at Ernst & Young in the Banking and Blockchain sector.
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