Satoshi-Era Bitcoin Wallets Move 80K BTC, Market Updates

Eight dormant Satoshi-era Bitcoin wallets don move total 80,000 BTC go new SegWit addresses—na be di first activity since 2011. According to Lookonchain, di coins bypass exchanges, meaning say na long-term repositioning dem dey do, no be selling. For regulatory side, FTX Recovery Trust file to distribute assets to creditors for 49 restricted areas, including China and Russia. For Brazil, hackers take $140 million from central bank service provider, den wash $30–40 million through regional OTC desks and exchanges, convert the money to Bitcoin, Ethereum and USDT. DeFi Development Corp increase im Solana treasury by 17,760 SOL, bring total to 640,585 SOL. IMF reject Pakistan plan to subsidize power for Bitcoin mining, warn about market distortion. US SEC pause Grayscale’s Digital Large Cap Fund conversion one day after approval. Ripple team up with OpenPayd to build stablecoin rails and chase national banking license, while Deutsche Bank pick Bitpanda to launch crypto custody next year. Iran’s Nobitex exchange start operations again after $90 million hack. Robinhood announce plans for im own Arbitrum-based blockchain and tokenized stocks. Institutional Bitcoin buyers dey active: MicroStrategy add 4,980 BTC worth $532.6 million, bring total to 597,325 BTC; Metaplanet get 1,005 BTC, bring their holding to 13,350 BTC.
Bullish
Di 80,000 BTC wey dem move from long long ago Satoshi-wallets wey no dey do anything, and no dey deposit for exchange, na sign say people still dey hold, no be say dem wan sell. Plus big big company dem like MicroStrategy and Metaplanet dey add big Bitcoin positions, demand still strong. Recent law and security developments don reduce sharp price shocks, make market for Bitcoin sweet for short term and long term.