đ¨ Long-Dormant Satoshi-Era Bitcoin Wallets Reactivate After 14 Years â $2B+ on the Move
#CryptoFigureHeads #IfYouAreNewToBinance
#BTCâ
The latest on these Satoshi-era Bitcoin wallets stirring after 14 yearsâa huge moment in crypto history:
đ Major Dormant Satoshi-era Wallet Reactivations
Two wallets first flagged: Each contained 10,000 BTC (~$1.09âŻB), untouched since April 2011. Consolidated recently into fresh non-exchange addresses, valued over $2.18âŻB combined .
Expanded activity: Data reveals a total of eight wallets, linked to the same 2011-era miner, controlled 80,000âŻBTC ($8.7âŻB). so far, 40,000 BTC has been moved to new addresses â still off-exchange
đ Market & Community Insight
No signs of selling: Funds moved to unknown addresses, not exchangesâsuggesting security upgrades, consolidation, or estate planning cryptorank.io+1cryptomus.com+1.
Coinbase perspective: A senior exec noted these likely come from a single early miner, once controlling ~200,000âŻBTCânow relocating over 60,000 BTC across wallets cryptorank.io+10u.today+10ainvest.com+10.
Volatility watch: Such reactivations may introduce liquidity uncertainty, but the lack of direct selling so far tempers immediate price impact
đ Why This Matters
Psychological shockwaves â Revival of Satoshi-era coins grabs attention, even without sales.
Supply impact â Consolidation reduces liquid supply, possibly tightening near-term liquidity.
Alert signal â This is among the largest-ever moves of decade long dormant BTCâfollow-on shifts could influence market direction.
đ§ Key Takeaway
While the #longDormantSatoshi wallets are stirring, there's no evidence of immediate liquidation. Instead, the pattern suggests custody management, not profit-taking. Yet, the potential remainsâlarge dormant holdings could surface later, keeping traders cautious.