#CFTCCryptoSprint Transfer of 80,000 Bitcoins: What Does This Mean?

#Write2Earn On July 4, 2025, eight Bitcoin wallets from the Satoshi era transferred a total of 80,000 Bitcoins. Each wallet contained 10,000 Bitcoins, causing inevitable disruption in the cryptocurrency space.

It is generally believed that the Satoshi era lasted from 2009 to 2011. During that time, it was possible to trade or mine

Bitcoin for $114,314

using regular computer processors. Recently, eight dormant Bitcoin wallets sent a transaction of approximately 10,000 Bitcoins each. This led to speculation that threats from quantum computing triggered the transfers.

The coins were not sent directly to cryptocurrency exchanges but were directed to new SegWit addresses, indicating a security upgrade. It is believed that SegWit addresses are more secure against quantum threats than old addresses. Old addresses use Pay-to-Public-Key (P2PK) or reuse P2PK hash (P2PKH), which are more vulnerable.

Some posts on X indicated that the transfer might show a security breach or quantitative concerns. However, these claims lack evidence and appear speculative.

Between July 14 and 15, 2025, just 10 days after the significant movement, the wallet owner sent a total of 28,600 Bitcoins, now estimated to be worth over $3 billion, to Galaxy Digital. So far, 9,000 Bitcoins have been sold, which could lead to...