Two Bitcoin wallets that had been inactive since 3 April 2011 moved a combined 20,000 BTC—now worth roughly $2
Two Bitcoin wallets that had been inactive since 3 April 2011 moved a combined 20,000 BTC—now worth roughly $2.18 billion—early on 4 July 2025, according to blockchain-monitoring services including Whale Alert and Lookonchain. Each wallet sent 10,000 BTC within minutes of the other, marking their first activity in more than 14 years and ranking among the largest movements of so-called “Satoshi-era” coins ever recorded.
The coins were originally acquired for about $0.78 apiece, giving the unidentified holder a paper gain of approximately 140,000-fold, or close to 14 million percent. On-chain data show the funds were shifted to new addresses rather than to known exchange accounts, indicating a relocation or consolidation rather than an immediate sale.
Transfers of long-dormant Bitcoin are closely watched because they can presage large disposals that weigh on market sentiment. While the latest activity has not yet translated into exchange deposits, analysts said they will continue to monitor the new addresses for signs of further movement.
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