A 2.565 BTC transaction on the Genesis address rekindles speculation in the crypto market

An extraordinary transfer was recorded on February 7, 2026, at 00:04 UTC, directed to one of the most famous addresses in the Bitcoin universe. Exactly 2.56536737 BTC were sent to the address 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa, the legendary Genesis, deposited by Satoshi Nakamoto at the birth of the blockchain. With BTC valued at approximately $68.13K at the time of analysis, the operation moved an amount close to $174,800.

The Unparalleled Significance of the Genesis Address

The Genesis address is not just another wallet on the Bitcoin network. It is the very first address in history, created on January 3, 2009, when the blockchain was launched. Since its creation, over 56,000 transactions have been directed to this iconic address, accumulating a total of 107.10 BTC — an amount that, at the current price, represents approximately $7.29 million.

The essential peculiarity of this Genesis is that it has never moved any fraction of Bitcoin out. It functions as an immovable monument in crypto history, guardian of the values sent by Bitcoin enthusiasts and scholars over its 17 years of existence.

The Mystery Behind the Billion-Dollar Transfer

The great mystery surrounding this send is the identity of the sender. Who could be responsible for depositing approximately $174,800 into an address that does not respond and never will? The hypotheses range between two main possibilities: a reverential gesture, a ritual homage to Bitcoin’s anonymous creator; or a deliberate destruction of value, a crypto burn as a sign of protest or ideological conviction.

The lack of context, the absence of any prior or subsequent communication from the sender, and the inherent symbolism of the Genesis address turn this event into a fascinating episode of ambiguity in the crypto market. While analysts speculate about the motivations, Bitcoin continues its cycle, indifferent to the rituals surrounding its first addresses.