Satoshi Era Bitcoin Whale Wallet Buys 7000 BTC After 14 Years

The post Satoshi Era Bitcoin Whale Wallet Buys 7000 BTC After 14 Years appeared first on Coinpedia Fintech News

A Satoshi era Bitcoin wallet that had remained silent for more than 14 years has suddenly come back to life. Shortly after this dormant Bitcoin wallet was activated, it bought nearly 7,000 BTC worth around $470 million.

This massive move has raised an important question in the market, does this Bitcoin whale know something others don’t?

Satoshi Era Wallet Activated After 14 Years

According to blockchain analytics firm Arkham Intelligence, a Satoshi era wallet identified as “Satoshi Whale” with the address (bc1qq) received 7,068 BTC, worth nearly $470 million.

This sudden transfer triggered a strong BTC whale alert across the market. When a dormant Bitcoin wallet was activated after 14 years, it immediately drew the attention of traders and analysts.