Five Bitcoin wallets dormant since the Satoshi Nakamoto era have transferred 250 BTC—worth approximately $29.64 million—for the first time in 15.3 years. This remarkable activity marks one of the longest hibernation periods broken in Bitcoin’s history and spotlights the enduring significance of early blockchain participants.
The coins were consolidated into two new addresses starting with ‘bc1q6n53469l6evqs05apy49pm7r0df0rxhv8cxndj’. While the wallets’ origin traces back to Bitcoin’s earliest mining periods, the identity of the owner and intent behind the transfer remain undisclosed, fueling market speculation over potential liquidation signals.
Cryptocurrency analysts emphasize that such movements from genesis-era holdings are exceptionally rare due to lost keys or deliberate preservation. The reactivation underscores Bitcoin’s maturation, with dormant wallets historically commanding attention when activated after prolonged stillness.
Market observers note the event could influence sentiment, though its rarity fundamentally highlights the scarcity and historical weight of foundational Bitcoin reserves in an evolving crypto landscape.