Dormant Bitcoin giants have awakened. Onchain data shows aging wallets reactivating, reshaping supply dynamics across the network.
In July 2025, analysts watched eight Satoshi-era wallets, each holding 10,000 BTC, move their coins for the first time in 14 years.
In total, 80,000 Bitcoin (BTC) (about $8.6 billion at the time) shifted out of long-dormant addresses in a single clustered episode of movement observed onchain. Blockchain sleuths traced these coins back to 2011, when they were acquired for under $210,000 in total, implying a return of nearly 4,000,000%.
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