A sudden 12,000 BTC transfer from a Satoshi-era wallet adds new pressure to Bitcoin prices, highlighting steady profit-taking by long-term holders amid key resistance levels.
A historic Bitcoin wallet from the Satoshi era moved 12,000 BTC, worth about $1.4 billion, to an exchange after 13 years of inactivity, triggering a 2% price drop as traders speculated on possible sales. Analysts noted resistance at $104,000–$105,000 and support near $100,000, while on-chain data indicated that broader selling pressure comes from gradual profit-taking by long-term holders rather than panic selling.