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In July 2025, a significant milestone in Bitcoin’s history was reached when a wallet holding 250 BTC—believed to have originated from the cryptocurrency’s earliest days—was activated for the first time in over 15 years [1]. The transaction, which transferred the coins from a wallet created in the “Satoshi-era,” represents a value of approximately $30 million at current prices. This marks the first recorded activation of a wallet from the period when Bitcoin was first developed by its pseudonymous creator, Satoshi Nakamoto [1].
The 250 BTC moved had remained untouched since 2010, reflecting the patience and long-term vision of early Bitcoin participants. The wallet’s activation, detected through blockchain analysis tools, showed no prior movement, confirming that the transaction was indeed the first in its history [1]. This event has drawn attention from analysts and investors, who view it as a sign that early adopters are beginning to interact with their long-held balances, a trend that could gain momentum as the market evolves.
While the transaction itself is relatively small in scale, its historical significance cannot be overlooked. The “Satoshi-era” refers to the formative stage of Bitcoin, when the blockchain was first being mined and the asset was largely unknown outside of niche circles. Transactions from this period are rare, making the activation of this wallet a noteworthy development in the ongoing narrative of Bitcoin’s growth [1].
The movement of the 250 BTC has not yet triggered a significant market reaction, but it has contributed to the broader discussion around the activation of long-dormant Bitcoin. As the price of Bitcoin continues to rise and institutional interest grows, such movements are becoming increasingly relevant. However, with this transaction representing only a small fraction of the total supply, its impact on the broader market is expected to be limited in the short term [1].
This event follows a pattern of increasing activity among early-era Bitcoin holders. While the long-term implications of these movements remain to be seen, they underscore Bitcoin’s enduring legacy and the gradual integration of cryptocurrency into mainstream financial systems [1].
Source: [1] 2010 Bitcoin Stash Awakens Moving $30M — First 'Satoshi-Era' Spend Hits July (https://news.bitcoin.com/2010-bitcoin-stash-awakens-moving-30m-first-satoshi-era-spend-hits-july/)

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