From Zero to $8 Million: Satoshi-Era Bitcoin Awakens After 16 Years

whale_movements

A Bitcoin wallet dating to the network’s early years moved 100 BTC after roughly 16 years of inactivity, with the holdings valued at about $8 million at the time of reporting. The transfer drew attention because coins from Bitcoin’s Satoshi era rarely move after such long dormancy. The transaction alone does not establish whether the owner intends to sell, so its immediate market impact is uncertain. It underscores the potential for long-dormant supply to re-enter circulation.

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