Satoshi-Era Wallet Moves 7,068 BTC Worth $470M After 14 Years

Wallet moves 7,068 BTC after 14 years dormant

A Bitcoin wallet with address starting bc1qq moved or acquired 7,068 BTC worth approximately $470 million in mid-February 2026. Blockchain analytics firm Arkham Intelligence flagged the wallet as dormant since 2012. The 14-year inactivity period classifies the address as a "Satoshi-era" wallet, a term for Bitcoin addresses created during the cryptocurrency's earliest years between 2009 and 2012.

Arkham Intelligence identifies early Bitcoin holder

Arkham Intelligence, a blockchain analytics firm, identified the wallet movement through its on-chain monitoring systems. The company classifies addresses from Bitcoin's first three years as Satoshi-era wallets. These wallets typically hold Bitcoin acquired when the asset traded below $10 per coin.

Large holders accumulate 70,000 BTC in February

Addresses holding between 1,000 and 100,000 Bitcoin accumulated more than 70,000 BTC in early February 2026. The accumulation totaled roughly $4.6 billion at prevailing market prices. On-chain data from analytics provider Santiment showed addresses in the 10,000 to 100,000 BTC range increased holdings by 3.1 percent during the period. Tracking recorded 66,940 BTC accumulated by whale addresses on 6 February 2026 alone.

Multiple dormant wallets activate in early 2026

A wallet holding 909 BTC moved funds on 20 January 2026 after 13 years of inactivity. The transaction represented roughly $85 million at the time. On 8 February 2026, an unknown sender transferred 2.565 BTC to Bitcoin's genesis wallet address, the first address created by Bitcoin's pseudonymous creator Satoshi Nakamoto in January 2009. The genesis wallet has received periodic small transfers since its creation but remains unspent.