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Have you ever stopped to think about which are the oldest and most valuable Bitcoin wallets that exist? I did some quick research on it and found it pretty interesting.
Satoshi Nakamoto’s wallet is by far the most significant historically. This address contains the first Bitcoins mined, and to this day it remains virtually untouched since 2011. Just to give you an idea, Satoshi’s holdings total approximately 1.1 million BTC, which represents more than $100 billion in current value. No one knows for sure whether these coins were lost or if Satoshi simply decided never to touch them.
Another very old wallet is the Bloco Gênesis wallet, mined on January 3, 2009. It also contains 50 BTC and has been inactive ever since. It’s like a living piece of Bitcoin history.
And there’s also Hal Finney’s wallet, one of the first developers who supported the project. He received the first transaction from Satoshi and had accumulated about 9 thousand BTC before he died in 2014. After that, his Bitcoins were transferred to other wallets.
The curious thing is that these old Satoshi Nakamoto wallets work like a thermometer for market sentiment. Whenever there’s speculation about movements from them, the price of BTC reacts. Currently BTC is around 71K, but these historic holdings remain asleep. Makes you think, doesn’t it?