#GateMarchTransparencyReport

A cryptocurrency owner who has held crypto since 2011 has moved 2 thousand BTC to new addresses and, according to analysts, is preparing to sell the coins.
“The CryptoKit” of the Satoshi Nakamoto era transferred Bitcoin for almost $150 million. He began accumulating his first coins back in 2011, when the price of the first cryptocurrency was less than $0.4.
According to data from Bitinfocharts, on April 15, from the “whale” wallet, 2 thousand BTC were withdrawn in four transactions totaling $148 million. In the view of OnChainLens analysts, who were the first to notice the activity of the account, these transactions may indicate preparations to sell the cryptocurrency.
The wallet from which the bitcoins were withdrawn was opened by the “whale” in July 2025. At that time, 3962 BTC were received at the address, worth about $470 million.
By now, their value has increased by 197 thousand times. Based on the exchange rate on April 15, about $74 thousand 3962 bitcoins are worth $293 million. The “whale’s” unrealized profit is 19 690 760%.
“The Satoshi era” refers to the period of cryptocurrency development that ended with the anonymous creator of Bitcoin disappearing. On December 12, 2010, he published his last message on the BitcoinTalk forum. Since then, there have been several more private appearances—until April 26, 2011, Satoshi exchanged messages with some of the first Bitcoin developers.
The activity of the “whale” reflects a broader trend: long-time large Bitcoin holders are moving them to the market. According to CryptoQuant, the “whale coefficient” on exchanges since the beginning of February has almost always been above 0.5, meaning that the ten largest Bitcoin holders accounted for 50% of the total inflow of coins to exchanges (—large participants contribute most of the deposits).
In mid-March, the “crypto whale” sold one thousand bitcoins from 2013, and one of the first Bitcoin investors, Owen Gundersen, realized 650 BTC for about $46,3 млн. Previously, Gundersen had already sold 11 thousand bitcoins for $1.12 billion.