$ENA Transfer of 80,000 Bitcoin: What Does This Mean?
#Write2Earn On July 4, 2025, eight Bitcoin wallets from the Satoshi era transferred a total of 80,000 Bitcoin. Each wallet contained 10,000 Bitcoin, which sparked an 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 Bitcoin each. This led to speculation that threats from quantum computing caused the transfers.
The coins were not sent directly to cryptocurrency exchanges but were directed to new SegWit addresses, indicating a security upgrade. SegWit addresses are believed to be 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 suggested that the transfer might indicate a security breach or quantitative concerns. However, these claims lack evidence and seem speculative.
Between July 14 and 15, 2025, just 10 days after the large movement, the wallet owner sent a total of 28,600 Bitcoin, estimated to be worth over $3 billion, to Galaxy Digital. So far, 9,000 Bitcoin have been sold, which could lead to a trend.