A “Satoshi-generation” miner has honest staunch moved 2,000 Bitcoin, in accordance to most contemporary info supplied by Julio Moreno, head of research at cryptocurrency analytics agency CryptoQuant.
As illustrious by Moreno, that is the most most valuable important activity from this cohort of worn holders since November 2024.
“Historically, Satoshi-generation miners transfer their Bitcoin at key inflection functions,” Moreno acknowledged.
Decoding netflows
The term “Satoshi-generation” in overall refers to folks who produced their coins when Satoshi Nakamoto, the elusive creator of the distinctive cryptocurrency, used to be smooth interesting on public boards.
A miner from the Satoshi generation moved 2K Bitcoin as of late, the most most valuable time this occurs since November 2024, when Bitcoin used to be at ~$91K.
Historically, Satoshi-generation miners transfer their Bitcoin at key inflection functions. pic.twitter.com/cUKIM5uXL6
— Julio Moreno (@jjcmoreno) January 10, 2026
Reduction then, these had been mined on easy CPUs, and BTC used to be no longer value much.
Most coins from this generation are regarded as “misplaced” or “frozen.” Therefore, conditions when whales affect such surprising splashes attract loads of social media consideration.
The chart supplied by Moreno reveals the “netflow” of Satoshi-generation coins. It measures the distinction between coins coming into and leaving miner wallets.
The chart supplied by the analyst reveals that every red spike represents a second the establish these worn miners “cashed out” or moved a important amount of Bitcoin.
The chart reveals a transparent behavioral sample: these “OG” whales are inclined to sell into rallies.
As an example, miners aggressively supplied hundreds of coins as Bitcoin broke $40,000 and raced in the direction of $60,000 relief in 2021. There used to be moreover a broad spike in unhurried 2024, when Bitcoin hit $91,000.
Significance of whale strikes
Retail investors operate on the assumption that whales (especially Satoshi-generation ones) know something they don’t. Furthermore, whales with such ample holdings clearly private enormous affect within the marketplace.
Last month, shall we thunder, roughly $183 million value of traditional Bitcoin used to be mobilized in a span of honest staunch 72 hours.
