Crypto

Bitcoin Address from Satoshi Era Transfers $1 Billion Worth of BTC After 14 Years

Historic Bitcoin Transaction: A Dormant Wallet Comes Alive

In a monumental move that has captured the attention of the cryptocurrency world, a Bitcoin wallet that had long been inactive has suddenly transferred 10,000 BTC. This staggering transaction, valued at approximately $1.09 billion at the time, is one of the most significant events in the Bitcoin space in 2025.

Tracing the Origins: A Wallet from Bitcoin’s Early Era

According to blockchain data, the wallet with the address 12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me initially received a deposit of 10,000 BTC on April 3, 2011. Back then, Bitcoin was priced at a mere $0.78 per coin, making the total transaction worth just $7,805 at the time.

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The Journey of Bitcoin: From Dormancy to a Billion-Dollar Transaction

This Bitcoin wallet remained inactive for an astonishing 14 years until July 4, 2025, when the entire amount was moved. During this period, Bitcoin’s price escalated to approximately $109,246 per BTC, resulting in a colossal profit of $1,092,456,394 solely from its appreciation in value. The wallet has now been completely emptied, and this move underscores the dynamic and unpredictable nature of the cryptocurrency market.

Who Might Be Behind This Historic Wallet?

The identity of the wallet’s owner remains a mystery, yet such vintage transactions often ignite speculation about Satoshi Nakamoto, the enigmatic creator of Bitcoin. However, blockchain experts have determined that this address is not affiliated with Satoshi’s original holdings. Nonetheless, the movement of such a large quantity of “virgin” Bitcoin is an extraordinary event that draws the interest of both cryptocurrency enthusiasts and financial regulators.

Timing the Market: Why Now?

The reasons for this significant transfer remain unclear, though timing might play a crucial role. Bitcoin has recently surpassed the $100,000 threshold, and market liquidity has improved, aided by the introduction of multiple Bitcoin ETFs earlier this year. The wallet’s owner may have strategically chosen this moment to capitalize on favorable market conditions or to finally realize gains from a long-term investment.

Interestingly, this event coincides with a marked increase in Bitcoin millionaire wallets. In the first half of 2025 alone, over 26,000 new addresses holding $1 million or more in BTC have emerged.

Market Stability Amidst a Monumental Transfer

Despite the significant amount of money involved, Bitcoin’s price remained relatively stable following the transaction. This stability suggests that the transfer was likely conducted over-the-counter (OTC) or moved to another personal wallet, rather than being sold immediately on an exchange. This approach helps to maintain market equilibrium and prevent sudden price fluctuations.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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