Bitcoin’s early believers are back in the spotlight this week. A major shift in old BTC wallets has the crypto world talking, and once again, Davinci Jeremie has a message!
The well-known early adopter, who famously bought Bitcoin at $1, has shared a reminder: “Stacking sats in times of disbelief makes you legend later.”
The post came just a day after 80,000 Bitcoin, worth over $8 billion, was moved from wallets that hadn’t been touched since 2011.
80,000 BTC on the Move
Yes, you read that right. The transactions were spotted on Friday and quickly sparked debate. Each wallet had been inactive for over a decade before suddenly transferring large sums of Bitcoin.
Coinbase’s Conor Grogan suggested these wallets may have been part of a compromised OG stash. Others speculated they could be linked to early figures like Ripple co-founder Arthur Britto or longtime Bitcoin supporter Roger Ver.
What’s clear is this: the BTC was originally bought for just $80,000. Today, it’s worth over $8 billion. That alone shows how much early conviction in Bitcoin has paid off.
Davinci’s Message: Why It Matters Now
Jeremie’s tweet is a reminder of what has worked in crypto – buying when others hesitate. His message points to a pattern seen throughout Bitcoin’s 16-year history: those who bought during uncertain times often ended up ahead.
“Those who stacked when nobody believed… will live like legends when everybody else regrets,” he wrote.
Bitcoin vs Altcoins: Stability Still Wins
Earlier this week, Davinci also spoke about Bitcoin’s stability compared to altcoins. He noted that while altcoin traders face high risk and sleepless nights, Bitcoin remains the one asset that offers long-term peace of mind.
Bitcoin is a long-term hedge, especially in a world dealing with inflation and uncertainty.
Final Take
Whether or not the wallet movements were planned or just a coincidence, the timing of Davinci’s message was sharp.
Stack sats when it’s quiet, and you may not need to worry when it’s loud.
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FAQs
On-chain analysis suggests the 80,000 BTC belong to a single entity. Theories range from a legitimate move by an early miner or investor, to a potential hack as speculated by Coinbase’s Conor Grogan (citing a small test transaction), or even connections to early Bitcoin figures like Arthur Britto or Roger Ver.
Davinci Jeremie emphasizes Bitcoin’s superior stability compared to altcoins. He believes Bitcoin offers long-term peace of mind, acting as a reliable, long-term hedge against inflation and economic uncertainty, unlike altcoins which he suggests carry higher risk and volatility for traders.
