Eight Bitcoin Wallets Move 80,000 BTC in Largest Ever ‘Satoshi Era’ Transfers
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, as CoinDesk reported. 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 prices, marking an appreciation of more than 13.9 million percent.
The original source of the coins was wallet “1HqXB…gDwcK,” which sent 23,377.83 BTC to three separate wallets in 2011.
Two of those — “12tLs…xj2me” and “1KbrS…AWJYm” — held the bulk until this week. The third wallet, which received 3,377 BTC, had already spent its funds in 2011.
Late Friday, on-chain analysis firm Arkham flagged that six other wallets moved over 10,000 bitcoin
The same entity apparently owns all of these wallets, Akrham said. However, no individual or company has publicly claimed ownership of these wallets as of Asian morning hours on Saturday.
A single entity moved $8.6 BILLION of BTC from 8 addresses in the past day.
— Arkham (@arkham) July 4, 2025
All of the Bitcoin was moved into the original wallets on either 2nd April or 4th May 2011 and has been held for over 14 years.
Currently, the Bitcoin is sitting in 8 new addresses and has not been… pic.twitter.com/nm53tVRzLJ
The transferred BTC was sent to fresh wallets using a modern, lower-fee address format. Neither of the new wallets has since moved the funds further, and the identity of the wallet owner remains unknown.
All of these moved coins are among the rarest class of BTC: mined or transacted during the “Satoshi era,” a loosely defined period from bitcoin’s launch in 2009 through 2011, when its pseudonymous creator was still active online.
Wallets from this time are considered part of crypto’s holy grail — rarely moved and often watched closely by traders for market signals, as any large sales could be perceived as an early believer or miner changing their stance on the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CyberLeek threatens full GTA 6 leak if Solana token hits $30 million
Micron now earns more than Apple! Apple urgently needs chips, Micron holds pricing power.
Micron Technology reported a net profit of $37.7 billion in the fourth fiscal quarter, surpassing Apple's $29.8 billion for the same period, thus becoming the more profitable company for the quarter. The memory shortage has given Micron strong pricing power, with its CEO stating that they “cannot meet customer demand.” The revenue guidance for next quarter is as high as $61.5 billion. Meanwhile, Apple's gross margin continues to be pressured by persistent memory costs, having dropped from 49.3% to a guidance range of 46.5%.
The "Eye of the Storm" in the Global Economy: Debt Crisis in Developed Countries
The IMF warns that developed economies are becoming the "eye of the storm" for global debt risks. Countries such as the United States and France accumulated high levels of debt during periods of low interest rates, but now rising interest rates are pushing up repayment costs, and fiscal consolidation faces political resistance. BofA Securities points out that the United States is facing declining tax revenues, France has structural income decline issues, and the UK and Japan are also under pressure. The deteriorating debt sustainability of developed countries may impact global financial markets through shocks in interest rates and capital flows.
Crypto prices
More
