Bitcoin miner of Satoshi's time "woke up" after 15 years
On December 2, the miner of the first cryptocurrency, which has been "sleeping" for 15 years, became more active. Onchain Lens analysts drew attention to this.
A Satoshi-era miner wallet moved 50 $BTC, worth $4.33M, into 5 new wallets after being dormant for over 15 years.
https://t.co/2YskrD2yhJ pic.twitter.com/UN5W8Ptqps
— Onchain Lens (@OnchainLens) December 2, 2025
The miner moved 50 BTC worth $4.3 million to five new addresses. He received these assets as a reward for successfully finding the block in March 2010. Back then, bitcoin was worth less than $1.
Currently, the reward for block validation on the network is 3,125 BTC, which is halved every four years during the halving process. As part of the next programmed event, in 2028, the value will decrease to 1.5625 BTC.
Earlier, Fred Thiel, CEO of MARA, stated that the mining economy would become unviable for many if transaction fees or the price of bitcoin did not rise.
Miners are already facing the most serious crisis in history. Against this background, many companies are actively refocusing on the infrastructure for artificial intelligence.
Disturbing activity
Arab Chain experts also noted that in November, cryptocurrency miners transferred over 220,000 BTC to Binance. In October, the figure was 186,000 BTC.
Source: CryptoQuant/Arab Chain.
Traditionally, large stock market entries are considered as preparation for sale. This worries the market due to the potential negative pressure on the asset price.
However, in the current context, experts have seen nuances. According to them, Binance has become a "hub for comprehensive risk and capital management" for many professional miners.
In addition to the possible sale of coins, experts have allowed other scenarios, for example, obtaining additional income from providing liquidity on the site.
In October, OnChainSchool analysts noted that in less than a year, whales had moved over 270,000 BTC, inactive for more than seven years. They have been repeatedly accused of putting negative pressure on digital gold quotes.
Ethereum-Whales are also in business
At the end of November, large holders of the second largest cryptocurrency, who received coins during the ICO of the project, also became more active. On the 30th, the wallet, which has been "sleeping" for 10 years, moved 5 ETH (~$15,000) to a new address.
During the initial coin offering, he invested $12,400, receiving $40,000. His assets are now estimated at $119.5 million. The yield was 963,900%.
An Ethereum ICO wallet (0x2dCA) with 40,000 $ETH($119.5M) just transferred 5 $ETH($15K) to a new wallet after 10+ years of dormancy.
He invested only $12.4K in the ICO and received 40,000 $ETH — now worth $119.5M, a 9,639x return!
https://t.co/UOv2iuHnSy pic.twitter.com/CfgodjKKyQ
— Lookonchain (@lookonchain) November 30, 2025
On December 1, the whale blocked all assets stored in its wallet, experts noted.
Another Ethereum holder, who accumulated 254,908 ETH (~$757 million) during the ICO, began selling assets.
First, he sold 20,000 ETH (~$58 million), and on December 2, he sold another 3,000 ETH (~$8.4 million).
Ethereum ICO participant "0x2eb0" just sold another 3,000 $ETH($8.4M).
https://t.co/ZzrpFxJziN pic.twitter.com/4X7ljR5lqb
— Lookonchain (@lookonchain) December 2, 2025
Another "ancient" whale with 154,076 ETH (~$79 million) in the account transferred 18,000 ETH (~$54 million) to the Bitstamp crypto exchange.
An Ethereum OG just deposited another 18,000 $ETH($54.78M) into #Bitstamp 8 hours ago.
Since 2017, this OG accumulated 154,076 $ETH($79.7M) at $517 avg, then sold 87,824 $ETH($148.8M) at $1,694 avg.
He still holds 66,252 $ETH($201M) — with total profits of ~$270M.… pic.twitter.com/cSO2BE7Csj
— Lookonchain (@lookonchain) November 29, 2025
Ethereum is currently trading almost 43% below the all-time high reached in August this year at $4,946. At the time of writing, the asset price is ~ $2,800.
Recall that in early November, large investors acquired the second largest cryptocurrency by capitalization for more than $360 million.
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