$BTC Satoshi's era Bitcoin address with 35.55 BTC (about $2.54 million) has been untouched since March 2011. This week, it made a transfer, being viewed as one of the first visible responses from defendants in a New York lawsuit involving around 3.8 million BTC (valued at roughly $285 billion). On-chain data shows that this address sent 15 BTC to a new address on June 2, with the remaining 20.55 BTC kept as change. This address first received Bitcoin on March 27, 2011, when BTC was worth less than $1. In March of this year, a plaintiff using the pseudonym Noah Doe filed a lawsuit in New York state court, attempting to claim ownership of about 3.8 million long-dormant Bitcoin wallets under New York's lost property law, positioning himself as the discoverer. The court approved sending on-chain notifications to relevant wallets via the Bitcoin OP_RETURN field. In July 2025, advisory firm Salomon Brothers Strategic Advisors sent dust transactions containing links to legal notices to 39,000 wallets, including the aforementioned address, requesting holders to prove ownership within 90 days. Galaxy Research's head of research, Alex Thorn, pointed out that this address corresponds to defendant number 38215 in the case, clearly indicating that these Bitcoins have not actually been abandoned. Additionally, another dormant address, 1CDSyXAQxro4FPUoqAQb81642ruqDsUiNp, which has been inactive for 15 years, also transferred 20 BTC (approximately $1.48 million) on the same day, but it did not appear on Noah Doe's lawsuit list. Analysts believe the on-chain movements suggest that some Bitcoins from the Satoshi era, previously considered abandoned assets, are still under the control of their original holders.
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