Bitcoin wallet from the genesis era—involved in a $28.5 billion lawsuit—transfers funds for the first time after 14 years of dormancy
A “Satoshi-era” address—unused since March 2011 and holding 35.55 BTC (approximately $2.54 million)—transferred funds this week. On-chain data shows that on June 2, the address sent 15 BTC to a new address, with the remaining 20.55 BTC retained as change. When the address first received Bitcoin, its price was under $1.