This isn't really that much though. 616 BTC or nearly 30 million is pretty much a drop in the ocean in today's crypto sphere of billions of TVL and trading volumes.

Let us talk about it when its atleast a few 100 million or a billion. The only exciting thing about is that the owner decided to move the funds. It will be very interesting to follow through to what an OG decides to do in these very changed times compared to when the bitcoin were first acquired. Would he lock them into some lending platform, going to buy some million dollar NFTs or just plain deciding to cash out and retire.

I doubt it'll be possible to trace or identify where the funds end up but that would tell anybody a lot about what is going to be the next big thing in crypto.

How did you know that the transaction being made is from Satoshi Nakamoto?

I tried to check the transaction and get the address I couldn't find it here on the forum no one seems to know this address.

So how are you sure that it was Satoshi who made the transaction?

The only interesting thing about this is that the owner most likely has diamond hands. And he/she is worth emulating. That's my assumption because he/she hasn't touched his/her Bitcoin for almost a decade, at least his/her Bitcoin in a particular wallet. Other than this, no big deal.

That amount is only 616 BTC. It surely won't shake the price much. Bitcoin has tens of billions in daily volume. El Salvador alone acquired 700 BTC in a matter of days.

If you follow Whale Alert on Twitter, you will see that it is rather common for hundreds of BTC to move from one wallet to another. As a matter of fact, just 55 minutes ago:


https://twitter.com/whale_alert/status/1440655381668106250

Clasic fund news. Who cares? By the way ... "activates after 9 years" ... means it was last active around 2012? Satoshi disapeared in 2010. 2 years before. Satoshi last post on bitcointalk was on: December 12, 2010, 06:22:33 PM. So they are not Satoshi era coins. Satoshi era coins are coins 11-12 year old.

"not sure how it will affect the upcoming price!" - 600 BTC is nothing. It will not move price in any direction.

I am sure the owner of this wallet is delighted on how his decision to move his Bitcoin has landed on the news...and how he remains to be anonymous until now despite some good people searching and researching the web for some possible association. How his Bitcoin would end up...whether they would be sold to an exchange can be exciting to follow and watch. I am hoping he can also be a member of this forum so he can read this thread dedicated to him (am assuming that he is male though there is no stopping the possibility the the owner can be a she).

Lol, no one knows if this is Satoshi's wallet or not. It could have been a early bag holders who just decided to touch his coins for the first time. Or someone who forget all about it, find his private key.

In any case, if this is just hundred of bitcoin, it wouldn't put a dent on the market right now. We are already huge, trillions worth and billions of transactions. But if you look at the price right now, we have rebounded again to $43k, so if there is an effect, it's a positive one.

if already stored, perhaps it cannot make an impact in the market because it's counted in my personal opinion.. And by the way what do you mean activated?. is that possible to happen wherien hard wallet can be deactivated? So it means that the bitcoin that is safe from the volatility and corrections in the market since its not actived? just asking because you know i don't have such knowledge about such things. Lol 

At first glance I missunderstood thread title too. I thought that Bitcoins from Satoshi wallet moved, but it's just a wallet from Satoshi era, it doesn't means that Satoshi owned it.
And as @Tytanowy Janusz pointed out, title is misleading. Satoshi disappeared back in 2010, while last activity on this wallet was in 2012. So, definitely not Satoshi era.
And 616 BTC is a lot of money, but picture of whole market, it's not something significant.

Not necessarily. Many banks have fixed fees, irrelevant whether you send $10 or $26 millions. But I imagine how many AML papers you would have to fill to move so much money .

There is no reason to think that this wallet may belong to Satoshi Nakamoto.

26M $ is not a significant amount of bitcoin to drop the btc price. Some big companies/countries bought hundreds of btc in one day without dropping the price. I think it's a personal transfer and has nothing related to Satoshi or his era according to the transaction history of that old address. The topic title is misleading.

Facts. But really, a lot of people are dumb— those people who will immediately dump when a bad news comes. All they know is that "an old wallet that might be Satoshi" is dumping bitcoin; ignoring the fact that the amount is freakishly low to actually move the markets.