
Ancient Bitcoin Wallet Awakens
A Bitcoin wallet inactive since the Satoshi era has transferred 10,000 BTC (worth $1 billion) after 14 years of dormancy. The transaction occurred as Bitcoin approaches potential new all-time highs, triggering market speculation.
Historic Profit Realized
Blockchain data reveals the wallet last moved coins on April 3, 2011, when BTC traded below $1. The owner now realizes a 140,000x return on an initial investment under $10,000. The coins were transferred to a new address, with analysts noting such movements often precede sales.
Long-Term Holder Confidence
On-chain metrics show declining Bitcoin 'Liveliness' - indicating reduced spending activity. A record 14.7 million BTC haven't moved in over 155 days, demonstrating strong holder conviction despite price surges.
Institutional Adoption Accelerates
Fragbite Group, Vanadi Coffee, and other corporations recently expanded Bitcoin treasury holdings totaling over $1 billion. Standard Chartered and Bernstein forecast $200,000 BTC by year-end, while ex-BitMEX CEO Arthur Hayes predicts $250,000.