Satoshi-era miners have sold just 150 BTC in 2025, down 98% from 2024, despite Bitcoin trading near all-time highs.
These early holders were distributed mainly during market peaks, showing strategic exits, not panic-driven selloffs.
With over 633K BTC still untouched, legacy wallets are quietly reducing exposure while keeping market impact minimal.
Satoshi-era miners are early Bitcoin adopters who mined the cryptocurrency between 2009 and 2011. Their wallets are among the oldest on the blockchain. In 2025, data shows these miners have moved only 150 BTC, a sharp 98% drop from the 10,000 BTC sold in 2024, despite prices nearing record highs.
Legendary Miners Are Holding as Prices Push Higher
In a post by CryptoPatel, fresh data from CryptoQuant shows that Satoshi-era miners, excluding Patoshi-linked wallets, now hold just over 633,000 BTC, down from 657,000 BTC in early 2021. That’s a reduction of more than 24,000 BTC across four and a half years. “They’re holding tight while retail FOMO in,” the post explained, raising critical questions about whether this marks a top or the beginning of something bigger.
https://twitter.com/CryptoPatel/status/1938224730135531842
These long-term holders have shown a pattern of calculated exits. Notably, distribution spikes aligned with Bitcoin’s 2021 surge to $69K and its late 2024 climb above $70K. Yet despite a bullish 2025 pushing prices toward $100K, these miners are choosing not to sell.
Sell Pressure Fades, But the Wealth Remains Immense
The most significant miner outflows happened during periods of market exuberance. From early 2021 to mid-2022, almost 1,800 BTC were transferred from traditional wallets, directly overlapping big volatility periods. After that, sales slowed significantly.
In 2023, the total balance of these wallets hovered between 644K–648K BTC, with only brief sell events during price dips. But since January 2024, balances have gradually declined below 640K BTC, continuing into mid-2025. Even so, the red bars on the netflow chart, representing sell pressure, have remained minimal.
Controlled Exits, Not Panic Sales
Miners didn’t dump their coins. They distributed during price strength, not weakness, a sign of deep market discipline. There was no mass liquidation, just carefully timed exits during peak demand.
Now, with just over 633,000 BTC remaining, these early holders still control a massive dormant supply. But their influence is fading slowly and quietly, without breaking Bitcoin’s bullish structure. The message is loud for the rest of the market: the smart money isn’t running, it's waiting.
The post Satoshi-Era Miners Cut BTC Sales by 98% in 2025, but They’re Not Cashing Out appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
