600 BTC Wallet Moves After 14 Years, Now Worth Over $51 Million

A Bitcoin wallet first used on July 14, 2012 transferred its full 600‑BTC balance on September 22, 2026. The coins were moved from a legacy address to a Pay‑to‑Witness‑Public‑Key‑Hash (P2WPKH) format and then split between two new wallets.

Value Growth Over 14 Years

When the address was created, Bitcoin traded near $7.52, giving the 600 BTC a market value of roughly $4,512. At the time of the transfer, Bitcoin was priced at $86,012, making the same 600 BTC worth about $51.6 million – an increase of more than 11,400 times.

Transaction Details

• Block height: 968,116
• From: legacy address (pre‑SegWit)
• To: two separate P2WPKH wallets
• Tracked by: Whale Alert, Galaxy Research, Btcparser.com

Implications

The movement does not indicate a sale; it merely reflects a change in address format and possible wallet management. The coins remain on‑chain, and their owner has not signaled any intent to liquidate.

Market Context

Bitcoin was trading at $86,012 at the time of the transfer, up 1.8 % in the prior 24 hours and 11.6 % over the week, with a recent intraday high of $87,374.