04.07.2025 17:56

Two long-dormant Bitcoin wallets, untouched since April 3rd, 2011, recently sprung back to life. A combined 20,000 Bitcoin, valued at approximately $2.18 billion at the time of the transaction, were transferred on July 4th, 2025. Blockchain analytics platforms, including Whale Alert and Lookonchain, independently confirmed this significant event.

The movement consisted of two nearly simultaneous transactions, each wallet shifting 10,000 BTC within minutes of the other. This marked the first activity from these wallets in over fourteen years, making it one of the largest recorded movements of Bitcoin acquired during the early days of the cryptocurrency's existence, often referred to as the “Satoshi era.” The initial acquisition cost of these coins was roughly $0.78 per Bitcoin, resulting in a staggering paper profit of approximately 14 million percent for the still-anonymous owner.

Instead of being sent to known exchange addresses, the Bitcoin was transferred to new, previously unused addresses. This suggests a strategy of consolidation or relocation, rather than an immediate sale. Market analysts are closely tracking these developments because the movement of such a large amount of long-dormant Bitcoin often precedes significant sell-offs that can impact market sentiment. Although no deposits to exchanges have been observed yet, vigilant monitoring of the newly assigned addresses continues, seeking any further activity.

This analysis, an AI-generated report curated by The Defiant and powered by DeepNewz, draws on information from various internet sources. Further details, including the original sources, can be found on DeepNewz.