$BTC Two of the largest known Bitcoin wallets of all time, which had remained dormant since 2011, have mysteriously come back to life and transferred a total of 20,000 Bitcoin - worth over 2 billion dollars at today's prices - to completely new addresses.

The return of these wallets from the Satoshi era has reignited debate over the true circulating supply of Bitcoin, the fate of lost coins, and the possibility of new volatility as the market fluctuates at all-time highs.

The two wallets, which were opened in April 2011 when Bitcoin was trading at just $0.78, each transferred 10,000 Bitcoin on July 4, 2025. Analysts from Blockchain at Whale Alert and Lookonchain pointed to these movements before other on-chain data accelerated to verify.

Bitcoin, now valued at over a billion dollars for each wallet, had remained completely dormant through three bear markets, the Mt. Gox collap