 
 
A Satoshi-era Bitcoin wallet dating back to 2011 woke up from slumber after 14 years and moved its old coins.
The Satoshi era refers to the period between 2009 and 2011, during which Bitcoin’s enigmatic inventor, Satoshi Nakamoto, was still active on online forums.
Long-Dormant Whale Earns Huge Profit
A long-dormant Bitcoin wallet sprang back to life on Thursday, sending 0.0018 BTC in an apparent test transaction before shifting its entire 3,962 stash, worth around $468 million, to a new wallet address, data from blockchain analytics firm Arkham Intelligence shows.
According to BitInfoCharts, the OG Bitcoiner amassed its entire stockpile in January 2011, when Bitcoin was trading at just $0.37 apiece. This means at the time, the stash was only worth around $1,453.
The mysterious owner had held on to their coins since 2011 until today’s transaction. The savvy investor has realized a mammoth 32,209,122 percent increase over the past 14 years.
 
This year, numerous Satoshi-era wallets have been reactivated only to move the BTC holdings to new wallets. Some of these addresses have transferred their BTC holdings to crypto exchanges, which suggests they might be looking to take profits after over a decade of HODLing.
More Mysterious Wallet Movements
Earlier this month, a Satoshi-era bitcoin whale moved over 80,000 BTC ($9.5 billion) after waking up for the first time since April 2011. The mega OG whale later sent the BTC to Galaxy Digital, where pundits suggested that it may be prepping to liquidate its crypto holdings via the firm’s OTC services.
Just yesterday, three Satoshi-era BTC wallets supposedly owned by the same whale transferred 10,606 BTC worth $1.26 million after 3-5 years of dormancy.
The recent movement of ancient Bitcoin comes just days after the BTC price touched a new all-time high above $122,838.
Source: https://zycrypto.com/giant-satoshi-era-bitcoin-whale-shifts-468-million-of-btc-after-14-year-hibernation/