Two dormant Bitcoin wallets moved 3,422 BTC worth $325M.
The wallets had been inactive since 2014.
Transfers raise questions about whale intentions and market impact.
Whales From the Past Resurface
In a rare and significant event, two Satoshi-era Bitcoin whales, inactive for over a decade, have suddenly sprung to life. Within the past three hours, these ancient wallets moved a combined 3,422 BTC—currently valued at approximately $324.2 million. These transfers have drawn the attention of analysts and the wider crypto community, sparking speculation about the motives behind the sudden moves.
Wallet “1NWPS” had been dormant for around 10.5 years before it moved 2,343 BTC, worth nearly $222.2 million. Similarly, wallet “1PiEK” had not seen activity for 11.75 years before transferring 1,079 BTC, equating to roughly $102.5 million.
Such whale movements are rare and often regarded as significant, especially when they come from addresses tied to Bitcoin’s early days—often referred to as the “Satoshi era.”
Why This Matters for Bitcoin
These transactions are noteworthy because they represent long-term holders finally deciding to move their coins. Often, such movements raise concerns over possible market sell-offs. However, there is no evidence yet that these coins have hit exchanges.
Historically, Satoshi-era wallet movements have sparked everything from price volatility to conspiracy theories—some even speculating whether Satoshi Nakamoto himself might be involved. While this is highly unlikely, the timing and scale of the transfers have led to widespread analysis.
Market watchers will now closely monitor where the BTC goes next—whether it gets sold, reallocated, or moved for security reasons. Either way, it underscores how even a single whale’s actions can create ripples across the market.
$324.2M in #Bitcoin on the move after over 10 years of dormancy!
In the past 3 hours, two Satoshi-era whales, who had been inactive since 2014, transferred 3,422 $BTC ($325M) to new wallets:
Whale “1NWPS” woke up after 10.5 years, moving 2,343 $BTC (~$222.2M).
Whale… pic.twitter.com/UKb78WJDXp
— Spot On Chain (@spotonchain) May 6, 2025
Dormant No More: What’s Next?
With Bitcoin continuing to establish itself as a mainstream asset, old holders may be reassessing their strategies. These recent whale moves could signal a shift among early adopters—possibly to re-engage with the market, take profits, or pass on holdings to newer wallets for estate or organizational purposes.
Whether these transfers result in market shifts or simply remain a curiosity, they highlight one truth: the past still holds power in crypto.
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The post Satoshi-Era Bitcoin Whales Move $325M After a Decade appeared first on CoinoMedia.
