Satoshi-era Bitcoin address moves $1 billion of BTC after 14 years
2025-07-04 08:57:49
Main Idea
A long-dormant Bitcoin wallet from 2011 moved 10,000 BTC worth $1.09 billion in 2025, sparking speculation about its owner and highlighting Bitcoin's significant price appreciation over 14 years.
Key Points
1. A Bitcoin wallet received 10,000 BTC in April 2011 when Bitcoin was priced at $0.78, totaling $7,805 at the time.
2. The wallet remained inactive for 14 years until July 4, 2025, when the 10,000 BTC were moved while Bitcoin traded at $109,246, resulting in a profit of $1.09 billion.
3. The wallet was emptied entirely, with all 10,000 BTC transferred, though the owner's identity remains unknown.
4. The movement coincides with Bitcoin's recent price surge above $100,000 and improved liquidity due to the rollout of multiple Bitcoin ETFs earlier in 2025.
5. The number of Bitcoin millionaire wallets has surged, with over 26,000 new addresses holding $1 million or more in BTC added in the first half of 2025.
Description
A long-dormant Bitcoin wallet dating back to the early days of the cryptocurrency has just moved 10,000 BTC , worth approximately $1.09 billion at the time of the transfer, marking one of the largest and most historically significant transactions of 2025. According to on-chain data, the wallet address 12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me received exactly 10,000 BTC on April 3, 2011, when the price of Bitcoin was just $0.78 per coin. At the time, the total transaction was worth only $7,805. Bitcoin...
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