Man Recovers £3.3M Bitcoin Wallet After 12 Years as BTC Nears Major $81K–$86K Supply Wall

A British man, identified only as Chris, has recovered Bitcoin worth approximately £3.3 million after losing access to the funds 12 years ago. The recovery happened as Bitcoin approached a supply wall near $81,000-$86,000. Chris, who started investing in Bitcoin in 2011 through Intersango, a crypto exchange, was unable to withdraw his holdings when the exchange failed in 2014.

He assumed his coins were lost and eventually gave up. When he decided to try again, he sought help from CEL Solicitors, who managed to prove his ownership through evidence and negotiations, leading to the transfer of his Bitcoin to his account. Chris plans to keep some of his newly recovered Bitcoin while cashing out part of the holdings to improve his family's living arrangements.