A long-dormant Satoshi-era Bitcoin wallet has moved its entire 909.38 BTC balance, now worth about $84.6 million, to a new address after 13 years of inactivity.
Onchain data shows the wallet first received Bitcoin in 2013 when prices were below $7 per coin, underlining the scale of Bitcoin’s long-term appreciation.
The holdings, originally worth roughly $6,400, have far outperformed traditional assets such as the S&P 500 and gold over the same period.
The transfer adds to a broader trend in 2024–25 where long-inactive Bitcoin wallets have moved more than $50 billion worth of BTC.
Analysts note that holding through repeated market crashes, major industry failures and contentious forks such as Bitcoin Cash and Bitcoin SV would have required exceptional conviction.
The move could reflect routine security practices, a change in custody or early steps towards a potential sale, with analysts monitoring for exchange deposits.
Some early holders may also be responding to long-term concerns about quantum computing risks to older Bitcoin wallet structures.
At the time of reporting, Bitcoin price was $88,048.18.