On July 8, 2025, 8 'sleeping' bitcoin wallets from 2011 were moved, dating back to the era of Satoshi Nakamoto, transferring over 80,000 bitcoins.
The current estimated value of this stake: $8.69 billion.
🔍 Why is this event important?
1. 'Sleeping' wallets from 2011 mean that these bitcoins have remained untouched since the early days of the blockchain.
2. Their sudden appearance raises concerns for investors, especially:
Is Satoshi himself behind it?
Or an entity that was one of the early miners or major investors?
❗ Reason for tension in the market:
The market feared a potential mass sell-off of this huge amount of bitcoin, which could lead to:
Sharp drop in price.
A disruption in the psychological balance of investors.
Some saw it as potentially:
Internal movement to secure wallets.
Or a step towards gradual liquidation.
Or even a signal for a security or legal event (like seizure or tracing).
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🧠 Possibilities and interpretations:
1. Old activity revived after forgetting the keys.
2. An institutional entity had previously bought these wallets and is now deciding to use them.
3. Perhaps a governmental entity tracking suspicious or smuggled bitcoins.
4. Satoshi? There are no clear indications, but being from 2011 raises doubts.
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📉 Its impact on the market:
After the movement:
Volatility in BTC price has increased.
Sales spiked momentarily due to panic.
Whale tracking tools like Whale Alert recorded the activity, increasing the panic.
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🧭 Advice for investors:
Follow the news, but don't rush to sell.
These events may just be asset transfers.
Focus on the broader market picture, not just on rare movements.
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