7,975% Profit on Move: Post-Satoshi Era Whale Shifts Dormant Bitcoin (BTC) to New Wallet Standard

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An investor holding 26.96 BTC that had remained untouched for over 12 years transferred their funds to a new wallet on August 17, 2026, realizing an unrealized profit of $1.73 million, representing a 7,975% return. These coins had been acquired in January 2014 at approximately $803 per unit, valued at $1.76 million at the time of transfer, with negligible network fees of just $0.11. The migration moved from a Legacy address starting with « 1 » to a modern Nested SegWit wallet starting with « 3 », a standard that can reduce transfer fees by 20% to 40%. This whale awakening coincides with the largest security crisis of the summer, potentially linked to the Coldcard hardware wallet breach that enabled the theft of over $116 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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