The awakening of Satoshi-era Bitcoin wallets has led to a transfer of 20,000 BTC, equating to $2.18 billion. Each wallet was established on April 3, 2011, during a period when Bitcoin was valued at approximately $0.78. The movement involved two wallets sharing a common source, pointing to a single early adopter or possibly a Bitcoin whale. No direct statements or confirmations from the involved parties have been identified.

The transfer resulted in heightened caution among BTC traders, with a notable decline in trading volume observed. No immediate exchange deposits were identified, suggesting a strategic move rather than a sell-off. While the transfer did not involve institutional funds, it reflects asset reallocation. Emphasis on security and modern addressing indicates preparations for updated custody protocols rather than liquidation. Lookonchain, Blockchain Analytics Platform, notes: