On March 20, 2026, a rare event occurred in the crypto market: an inactive address holding 2100 BTC was activated for the first time in more than 13 years and 7 months. At the time of the transfer, the amount was worth over $147 million, while in 2012, these bitcoins were valued at only $13,685.
This is reported by Business • Media
Details of the Old Bitcoins Transfer
After activation, the wallet owner transferred all the coins to another address. According to analysts, this wallet was created during the early development of the Bitcoin network — between 2009 and 2012, a period often associated with the so-called “Satoshi era,” when mining was conducted by a small group of enthusiasts. Since then, such large transfers of old coins have been rare, and their owners remain anonymous.
“Coins that have been inactive for over 10 years move within 30 days near local maxima in 64% of cases — someone is not nostalgic, but is changing their position.”
Community Reaction and Market Impact
Crypto enthusiasts are actively discussing this transfer. Some believe that similar movements often coincide with periods of local market highs. As noted by a user on X under the pseudonym Ben from Binary, this may indicate a strategic exit by investors during price increases. Another community member, known as Rekt Specter, pointed out that the market is already factoring in the potential movement of old coins in its pricing.
At the time of writing, Bitcoin is trading near the $70,000 mark, remaining in focus for investors who are closely monitoring the behavior of “whales.”
BTC/USDT Chart on Binance. Source: TradingView.
It is worth mentioning that in November 2025, analysts recorded the activation of major players in the Bitcoin market: the price of the cryptocurrency temporarily rose to $126,000, before falling to $80,000. Experts note that large BTC holders are still taking profits, which affects market dynamics.