On July 4, 2025, two bitcoin wallets dormant for over 14 years moved a total of 20,000 BTC, worth approximately $2.17 billion. These movements have intrigued the crypto community due to their historical significance.
Return of Satoshi Wallets
Two Satoshi-era bitcoin addresses were activated, each holding 10,000 BTC. These addresses had no prior activity since 2011 when bitcoin was priced at around $0.78. The activation was tracked using Whale Alert. According to Whale Alert, the activated wallets moved BTC to modern addresses, prompting speculative discussions and market analysis.
Market Analysis and Credibility
"On July 4, 2025, two bitcoin addresses, each containing 10,000 BTC (over $1 billion per wallet), were activated after 14 years of dormancy."
The absence of statements from key market figures or regulatory bodies highlights the mysterious nature of this event. Discussions are active across community forums analyzing potential outcomes for these BTC reserves.
Market Awaiting Further Actions
Historically, sudden activations of dormant BTC wallets have led to short-term market speculation without long-term price impact. As of now, bitcoin is priced at $107,736.14, with a market cap of $2.14 trillion, showing a 30-day increase of 2.92% and a 90-day rise of 30.23%, as per CoinMarketCap. Trading volume indicates a recent 30.35% decrease.
These events raise questions about trust in bitcoin's safety over time. The revival of long-term holdings could potentially impact new BTC supply dynamics if other dormant wallets reactivate.
