Update
Bitcoin Wallet Moves Abandoned Coins
A Bitcoin address that had been dormant since 2013 moved 411.45 BTC worth about $33.4 million, according to Galaxy Research. The wallet, named in the 'Noah Doe' lawsuit, transferred the coins to a new address. The coins were initially funded in September 2013 when Bitcoin traded around $130, with an average cost basis of $127 and a paper gain of over 64,000%. The wallet is part of a growing list of old coins moving on-chain, as the pace of abandoned coins has been accelerating month over month.