Galaxy Research’s official X account said on September 4 that a Bitcoin address dormant since November 5, 2011 moved 40 BTC, worth about $3.09 million, in block 965330. The transaction reactivated a Satoshi-era wallet after nearly 15 years of inactivity.
🌚 Awakened — dormant 14+ years
40.00 BTC ($3.09M) untouched since first received 2011-11-05 (14.8y ago) — just moved in block 965330Address: 1AQWrGKnFTHrp1UBRPAk5YpXTvy93xgTfv
Sender Attribution: Noah Doe #38097
Recipient: Unknown💰 Realized PnL: +$3.10M (+2,571,899% gain) -…
— Galaxy Research (@glxyresearch) September 3, 2026
The address is tagged on-chain as Noah Doe #38097 and is among the wallets tied to a New York Supreme Court case seeking ownership rights over 39,069 dormant Bitcoin addresses. The movement directly challenges the idea that prolonged inactivity necessarily means an address has been abandoned, because the holder demonstrated continued control by moving the coins.
The key issue now is how the transaction may factor into the pending property dispute. Attention will turn to whether the wallet’s reactivation affects the plaintiffs’ claims or the treatment of that address in court, with the underlying case still unresolved and no ruling cited that determines the legal effect of this latest on-chain activity.
Source: Galaxy Research.
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