$BTC Five Satoshi-era Bitcoin wallets, dormant since 2009, have transferred 250 $BTC—valued at $29.64 million at the current price of approximately $118,560 per coin—to two new wallets
These wallets, each moving 50 $BTC, were likely owned by a single early miner, given their synchronized activity and shared transaction patterns, though blockchain analysis from Arkham Intelligence confirms they are not linked to Satoshi Nakamoto.
Originally mined when Bitcoin was nearly worthless (around $0.05 in January 2009), this transfer marks a staggering 237,120x return. The coins were moved to modern address formats without hitting exchanges, suggesting a strategic reshuffle—possibly for custody or DeFi—rather than an immediate sell-off.
This aligns with similar 2024 Satoshi-era moves, like a 250 $BTC transfer worth $16 million in September, which also avoided exchanges, per CoinDesk and Bitcoin Magazine. Despite recent market volatility from a $9 billion Satoshi-era sale, Bitcoin’s price has held firm, buoyed by $52.66 billion in ETF inflows.
What’s your take—could this coordinated move signal a whale preparing for a big play, or just securing their fortune after 15 years?