Bitcoin's Sleeping Giants Stir: $8.6B in 'Satoshi Era' BTC on the Move
Eight long-dormant Bitcoin wallets from the early days of the cryptocurrency have transferred 80,000 BTC, valued at over $8.6 billion, marking the largest known movement of 'Satoshi era' coins.
Eight Bitcoin wallets that had been inactive for over 14 years have collectively moved 80,000 BTC, worth more than $8.6 billion at current prices. These wallets received their coins in 2011, when Bitcoin was trading at just $0.78, highlighting a staggering appreciation of over 13.9 million percent.
The transfers were first flagged by blockchain analytics firm Arkham Intelligence, which noted that the coins were moved to new addresses using a modern, lower-fee format. Despite the significant movement, the identity of the wallet owner remains unknown, and the funds have not been moved further since the initial transfer.
