A Bitcoin wallet from the Satoshi era, inactive for over 14 years, has moved 150 BTC. Originally mined between April and June 2009, the wallet consolidated its assets in 2011. The BTC, valued at $67,724 when last active, are now worth approximately $16 million. This transfer occurred as Bitcoin traded near $110,000.
Such movements from long-dormant wallets often spark market speculation. However, historical trends indicate these transfers are typically for security or consolidation purposes rather than selling, and they generally have minimal impact on the market, which sees daily trading volumes exceeding $200 billion.
Dormant Satoshi-Era Bitcoin Wallet Moves 150 BTC After 14 Years
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