Satoshi Era Bitcoin Whales Move More Than $300 Million in BTC

By: decrypt|2025/05/07 00:15:01
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Satoshi Era Bitcoin Whales Move More Than $300 Million in BTC It is also unknown if the wallets were owned by the same person or if they are in any way connected. In brief Two Bitcoin whales who had been inactive since 2014 moved 3,422 BTC worth approximately $324.2 million on Tuesday morning. The first quarter of 2025 saw 110% more long-dormant Bitcoin being moved compared to the same period in 2024. While the identities of these wallet owners remain unknown, dormant whales typically resurface to take advantage of high prices. Decrypt’s Art, Fashion, and Entertainment Hub. Two long-dormant Bitcoin whales moved 3,422 BTC—worth roughly $324.2 million—early Tuesday morning. Both wallets had been inactive since 2014, when Bitcoin traded at well under $1,000, and the two transfers represent some of the largest movements by dormant Bitcoin whales observed in several years. The identity the wallet owners and the reason for the move are unknown at the time of writing. It is also unknown if the wallets were owned by the same person or if they are in any way connected. According to data from on-chain tracker Spot On Chain, one of the whales, “1NWPS,” resurfaced after 10.5 years, moving 2,343 Bitcoin (roughly $222.2 million). The other whale, “1PiEK,” resurfaced after 11.75 years, moving 1,079 Bitcoin (about $102.5 million). ️ $324.2M in #Bitcoin on the move after over 10 years of dormancy! In the past 3 hours, two Satoshi-era whales, who had been inactive since 2014, transferred 3,422 $BTC ($325M) to new wallets: Whale “1NWPS” woke up after 10.5 years, moving 2,343 $BTC (~$222.2M). Whale... pic.twitter.com/UKb78WJDXp — Spot On Chain (@spotonchain) May 6, 2025 This surge in whale activity aligns with a particularly high activity for Bitcoin whales. Research from CryptoQuant released in April of this year found that during the first three months of 2025, over twice the amount—110% more—of long-dormant Bitcoin had been moved compared to the same period in 2024. The analysts’ on-chain data found that 62,800 BTC aged over 7 years were transferred between January and March 2025, compared to 28,000 BTC during Q1 2024. The recent transfers follow one of the largest old-school whale resurgences ever recorded being spotted just months ago. In late March, a wallet inactive since 2016 moved over 3,000 Bitcoin in a series of consecutive transfers, worth over $250 million at the prices of the time , according to on-chain analyst Arkham Intelligence . $250M BITCOIN WHALE WAKES UP AFTER 8 YEARS A Bitcoin Whale that has held BTC since late 2016 has just moved over $250M in BTC last night. His Bitcoin stack went from $3M in early 2017 to over $250M today - and he’s held Bitcoin on one address for over 8 years. pic.twitter.com/RF1aewYVgy — Arkham (@arkham) March 22, 2025 Meanwhile, another Bitcoin whale moved 50 BTC for the first time in 15 years late last month , having purchased them at less than $0.10, netting them a theoretical gain of more than 93,000,000%. Why Do Bitcoin Whales Resurface? It can be difficult to understand why whales suddenly become active after long hibernations, due to the often anonymous nature of the wallet owners. However, common reasons can include the owners wishing to take advantage of historically high prices by selling off Bitcoin. But it can also simply be a crypto owner reshuffling their holdings—for example, moving their assets to or from a hardware-based cold wallet. Other possible reasons for long-dormant wallets coming to life include owners reclaiming their lost or forgotten keys or hardware wallets. Edited by Stacy Elliott . Daily Debrief Newsletter

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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