Satoshi era investor decides to sell his Bitcoins after a 12-year wait

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Last Updated on 30 September 2025 by CryptoTips.eu

Is it a sign of a temporary peak forming, or should we not view it that way? Just like this summer, an investor from the so-called Satoshi era (in other words, someone who owns Bitcoins older than 12 years) decided to sell. Given the small number of Bitcoins he decided to offload, it won’t cause a crash, but it’s remarkable that he finally chose this moment after waiting for 12 years. Does this long term investor believe a crash is imminent?

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Genesis

Legend has it that Satoshi Nakamoto, the anonymous inventor of Bitcoin, personally owns the first 1.1 million Bitcoins. These coins, which emerged after the “genesis block,” were mined for pennies per Bitcoin of course. In the years that followed, the price of the most famous digital currency did rise, but it wasn’t until 2014 or 2015 that we were talking about a price of more than a thousand dollars per coin.

So, the person mentioned in this article waited since 2013 to sell his Bitcoins. He bought 400 Bitcoins for around $100 to $135 each back then and moved them to a trading platform to sell them for over $100,000 this past week. Hats off for his patience, of course.

The problem is that he’s not the first “Satoshi-era” investor to decide to sell his Bitcoins recently. At the end of July, there was another one, but that one held 40,000 Bitcoins. Those coins too were likely bought by other investors who believe strongly in Bitcoin’s long-term potential.

Jorrit

Jorrit is op jonge leeftijd begonnen met het interesseren in de traditionele aandelenmarkt. In 2017 kwam hij voor het eerst in aanraking met cryptocurrency en sindsdien houdt hij in zijn vrije tijd de markt en alles daaromheen continu in de gaten. Voor CryptoTips schrijft hij als copywriter actueel nieuws omtrent cryptocurrency. Vind mij op LinkedIn / jorrit@cryptotips.eu
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