Eight Bitcoin Wallets Move 80,000 BTC in Largest Ever ‘Satoshi Era’ Transfers
2025-07-05 05:18:25
Main Idea
Eight Bitcoin wallets moved 80,000 BTC mined during the 'Satoshi era,' marking the largest transfer of such coins to date, with the funds now worth over $8 billion.
Key Points
1. Over $8 billion worth of Bitcoin mined during the 'Satoshi era' (2009-2011) was moved in the largest transfer of such coins.
2. The original source wallet '1HqXB…gDwcK' sent 23,377.83 BTC to three separate wallets in 2011, two of which held the bulk until this week.
3. On-chain analysis firm Arkham identified that a single entity moved $8.6 billion worth of BTC from eight addresses, all mined or received in 2011.
4. The transferred BTC was sent to fresh, unknown addresses, and the coins are among the rarest class of BTC from the early mining period.
Description
More than $8 billion worth of bitcoin mined during the network’s earliest days — colloquially known as the “Satoshi era” — were moved Friday in the largest such transfer on record. Two wallets that had remained dormant for over 14 years each transferred 10,000 BTC to new addresses around early Friday, blockchain data shows. The two addresses had initially received their coins on April 3, 2011, when bitcoin traded at just 78 cents. That BTC is now worth over $1.1 billion per wallet at current pri...
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