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Transfer of 80,000 Bitcoins from 'Satoshi Era' Wallets Worth Over $8.6 Billion

Summary: According to CoinDesk, 8 long-dormant Bitcoin wallets have seen funds transferred, involving a total of 80,000 BTC. These wallets have been inactive since 2011 when Bitcoin was worth less than $1. Two wallets each transferred 10,000 BTC, with a single transfer valued at approximately $1.1 billion at current prices. Blockchain analysis firm Arkham suggests these ...

According to CoinDesk, 8 long-dormant Bitcoin wallets have seen funds transferred, involving a total of 80,000 BTC. These wallets have been inactive since 2011 when Bitcoin was worth less than $1. Two wallets each transferred 10,000 BTC, with a single transfer valued at approximately $1.1 billion at current prices. Blockchain analysis firm Arkham suggests these wallets may belong to the same entity. The transferred Bitcoins have been deposited into new wallets using modern address formats, with no further activity reported yet.

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