A Satoshi-era Bitcoin wallet became active after more than 13 years, transferring its full balance of 909.38 BTC, now valued at roughly $85 million, to a new address. Onchain data shows the wallet first received Bitcoin in 2013, when prices were below $7, underscoring the scale of long-term appreciation.
The transfer adds to a broader pattern of older Bitcoin wallets resurfacing over the past two years, as early holders move coins for custody changes, security updates, or potential liquidation. Analysts note that such movements do not necessarily signal selling, but they are closely monitored for signs of exchange deposits.
The renewed activity also comes amid growing discussion around long-term security risks, including future quantum computing threats to older Bitcoin outputs. While practical risks remain distant, some early holders may be proactively reorganizing funds using newer wallet structures.
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