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After 14 Years of Stagnation, the Satoshi Era Whale Buys 7,000 Bitcoins (BTC)A Bitcoin (BTC) wallet from the early days of BTC has become active again after 14 years of inactivity. Shortly after becoming active, the address received 7,068 BTC worth approximately US$470 million. Data from Arkham Intelligence identified the address beginning with bc1qq as part of a group often dubbed the “Satoshi Whale,” referring to wallets created between 2009 and 2011. Wallets are rarely touched during this initial phase, so any movement immediately triggers a whale alert notification and becomes a focus for market participants. Because they are typically held in large amounts and have been inactive for a long time, the reappearance of Satoshi-era wallets is almost always met with a swift response from traders and analysts. Bitcoin Price Responds Immediately Shortly after the transaction was detected, Bitcoin's price surged more than 4%, trading around US$69,413. In the next update, BTC was trading around US$70,260, marking a daily gain of around 5%. However, based on CoinMarketCap data, the price of Bitcoin today (February 16) is at the level of US$68,000 or down around 2.06% in the last 24 hours. The previous surge demonstrated the market's sensitivity to whale activity, particularly involving legacy wallets with transaction values of hundreds of millions of dollars. However, the latest price correction indicates that volatility remains high amid on-chain dynamics that are not yet fully aligned. On-Chain Data Shows Mixed Whale Activity Furthermore, CryptoQuant noted that the group holding 100 to 1,000 BTC accounted for approximately 24.39% of total spending. Meanwhile, the group holding 1,000 to 10,000 BTC was around 23.98%. This indicates that large players are indeed active. In recent days, whales have reportedly distributed over 20,000 BTC, or approximately US$1.40 billion. This indicates that, in addition to potential accumulation from legacy wallets, selling pressure from other whale groups is also ongoing. If the whale selling percentage falls below 20%, stronger accumulation opportunities could emerge. Conversely, if it remains high, Bitcoin could potentially move within the US$65,000 to US$75,000 range in the short term. @Binance_Square_Official

After 14 Years of Stagnation, the Satoshi Era Whale Buys 7,000 Bitcoins (BTC)

A Bitcoin (BTC) wallet from the early days of BTC has become active again after 14 years of inactivity. Shortly after becoming active, the address received 7,068 BTC worth approximately US$470 million.
Data from Arkham Intelligence identified the address beginning with bc1qq as part of a group often dubbed the “Satoshi Whale,” referring to wallets created between 2009 and 2011.
Wallets are rarely touched during this initial phase, so any movement immediately triggers a whale alert notification and becomes a focus for market participants.
Because they are typically held in large amounts and have been inactive for a long time, the reappearance of Satoshi-era wallets is almost always met with a swift response from traders and analysts.
Bitcoin Price Responds Immediately
Shortly after the transaction was detected, Bitcoin's price surged more than 4%, trading around US$69,413. In the next update, BTC was trading around US$70,260, marking a daily gain of around 5%.
However, based on CoinMarketCap data, the price of Bitcoin today (February 16) is at the level of US$68,000 or down around 2.06% in the last 24 hours.
The previous surge demonstrated the market's sensitivity to whale activity, particularly involving legacy wallets with transaction values of hundreds of millions of dollars.
However, the latest price correction indicates that volatility remains high amid on-chain dynamics that are not yet fully aligned.
On-Chain Data Shows Mixed Whale Activity

Furthermore, CryptoQuant noted that the group holding 100 to 1,000 BTC accounted for approximately 24.39% of total spending.
Meanwhile, the group holding 1,000 to 10,000 BTC was around 23.98%. This indicates that large players are indeed active.

In recent days, whales have reportedly distributed over 20,000 BTC, or approximately US$1.40 billion. This indicates that, in addition to potential accumulation from legacy wallets, selling pressure from other whale groups is also ongoing.
If the whale selling percentage falls below 20%, stronger accumulation opportunities could emerge. Conversely, if it remains high, Bitcoin could potentially move within the US$65,000 to US$75,000 range in the short term.
@Binance_Square_Official

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After 14 Years of Stagnation, the Satoshi Era Whale Buys 7,000 Bitcoins (BTC)

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