Satoshi-Era Whale Who Bought Bitcoin Under $7 Goes Online With 1,390,000% Profit

An early Bitcoin address dating back to 2011–2012 has moved its entire holdings of 909.38 BTC, valued at $84.62 million, into a modern SegWit-compatible bech32 wallet, according to Lookonchain. The coins were originally acquired at prices below $7 through now-defunct platforms like MPEx and had remained untouched through major market events, including Mt. Gox, regulatory crackdowns, and multiple bull cycles.

The transfer signals that the original owner or a knowledgeable inheritor is active and using up-to-date security practices. Though no exchange deposit has been detected, the move coincides with technical pressures on Bitcoin, which is trading at $91,111 amid downward signals and potential support tests at $74,000 or lower. Analysts are watching to see if the BTC resurfaces through public exchanges or moves into institutional custody or privacy-focused services.