A long-dormant Bitcoin wallet, believed to date back to the earliest days of the network, has transferred its entire holding of approximately 11,000 BTC after nearly 15 years of inactivity. The coins, acquired when prices were negligibly low, reportedly fetched around $1.3 billion at recent market rates.
Analysts say the move signals a rare exit by a “Satoshi-era” holder and could indicate a broader trend of early-holder cash-outs. The timing has raised questions about potential implications for Bitcoin’s supply dynamics, market sentiment and future volatility.
While the sale has prompted short-term concern among traders, blockchain observers highlight that large-scale long-held transfers often reflect portfolio re-structuring rather than sector-wide capitulation. The key takeaway: even deeply entrenched HODLers are moving again.
