In brief – An address first funded in September 2013 moved 411.45 BTC, worth about $33.4 million, to a new wallet on Sunday, its first outgoing transfer ever. – The coins cost about $54,000 when Bitcoin traded near $130, and the transfer went to an unlabeled address, not an…
change. – Galaxy tagged the address as one of 39,069 named in a New York lawsuit by “Noah Doe” seeking ownership of dormant wallets as abandoned property. Another long-sleeping Bitcoin whale has stirred, and this one is named in a lawsuit claiming its coins were abandoned
An address beginning with “13Coop” that had never sent a single coin since it was first funded on Sept. 11, 2013, moved 411.45 BTC, worth roughly $33.4 million, on Sunday, according to Galaxy Research. Arkham data shows the coins landed in a single new address, where they remain. When the wallet was funded, Bitcoin traded around $130, according to Arkham, meaning the stash cost about $54,000.
Galaxy put the holder’s average cost basis near $127 and the paper gain at more than 64,000%. It’s unclear whether the owner plans to sell, since the transfer went to an unlabeled address, not an exchange. Galaxy tagged the sending address as “Noah Doe #970,” marking it as one of 39,069 dormant addresses named in a New York lawsuit filed this year by a pseudonymous plaintiff called Noah Doe and two Wyoming companies. 🏚️ 💤 Address awakened — dormant 13+ years — 411.45 BTC sent This address had never sent coins (first funded 2013-09-11, 13.1y ago); it just spent 411.45 BTC ($33.44M) in block 972,036 Address: 13Coop8xFbYj9JR9WyF5EqzGa9GiZmxs7C Coins moved: 411.45 BTC in 2 UTXOs — all held… — Galaxy Research (@glxyresearch) October 18, 2026 The plaintiffs argue that the wallets, which hold about 3.8 million BTC, qualify as abandoned property under the state’s lost-and-found law, even though they hold none of the private keys.