According to @rovercrc, a record-breaking transfer of 80,000 Bitcoin (BTC), worth over $8.6 billion, has occurred from eight wallets that were dormant since the 'Satoshi era' of 2011. On-chain analysis firm Arkham suggests a single entity may control all eight wallets, which originally received the BTC when the price was just 78 cents, according to the source. The funds were moved to new, lower-fee addresses and have not been transferred further. For traders, the movement of these long-dormant coins is a significant event, as any potential sale by an early BTC believer could be interpreted as a shift in market sentiment and potentially introduce selling pressure.

According to @rovercrc, a record-breaking transfer of over 80,000 Bitcoin (BTC) from the 'Satoshi era' has put traders on high alert. The on-chain activity, first involving two wallets dormant for over 14 years and later six more, totaled a movement of over $8.6 billion (source: Arkham). These wallets are closely watched as their movement can signal a shift in market stance from early BTC believers (source: @rovercrc). On-chain analysis firm Arkham suggests a single entity owns all eight wallets, which transferred the BTC to new, modern, low-fee addresses where the funds currently remain stationary. While the identity of the owner is unknown, this massive transfer of dormant coins, mined between 2009 and 2011, introduces potential supply-side pressure and volatility for BTC, which is currently trading around $108,199.99 (source: Market Data).