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BlockNews
Home CRYPTO BITCOIN

$5 to $4.67 Million: The Incredible Story of a 2010 Bitcoin HODLer

Gary Ponce by Gary Ponce
April 25, 2025
in BITCOIN, CRYPTO, FINANCE, INVESTING, OPINION
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  • A Bitcoin whale just moved 50 BTC—worth about $4.67 million—that had been untouched since it was mined in July 2010, when the stash was worth just $5.
  • This isn’t the first time an early Bitcoin holder resurfaced: in November 2024, another whale moved 2,000 BTC(originally worth $120) after 14 years, now valued at $179 million.
  • The ultimate long-term holder remains Satoshi Nakamoto, who still controls 1.1 million BTC (over $102 billion)—none of which has ever moved.

Ever think you could hold onto something for 15 years without touching it? One Bitcoin whale just did exactly that—sitting on a stash of 50 BTC mined way back in July 2010, when Bitcoin was barely a blip and trading for less than ten cents.

Yeah, that’s not a typo.

Fast forward to 2025, and that same 50 BTC just moved—for the very first time. At today’s price (around $93,455 per coin), that transaction was worth $4.67 million. All in one go. The address, which starts with “04ba30”, finally sprang to life, and Bitcoin historian Pete Rizzo was the first to spot it on-chain.

From $5 to $5 Million—Because Why Not

Back in 2010, those 50 Bitcoin were worth… oh, roughly five bucks total. So if that whale decided to cash out now? That’s a gain of 93,460,500%. No, seriously. That’s the kind of number that makes you sit back in your chair and just stare at the screen for a second.

But here’s the thing—it’s not even that rare anymore.

JUST IN: SOMEONE JUST MOVED 50 #BITCOIN THEY MINED 15 YEARS AGO AT UNDER $0.10

THEY HELD TO $5 MILLION. LEGEND 👑 pic.twitter.com/CF29O0FOfY

— The Bitcoin Historian (@pete_rizzo_) April 24, 2025

Not the First Time, Not the Last

Whales from the early Bitcoin era pop up every now and then. Some move funds. Some just poke around. Others? Well, they vanish forever—wallets locked, keys lost to time.

Last November, another early adopter moved 2,000 BTC (yep, $179 million worth) after sitting on it for 14 years. When they got those coins, they were worth a total of $120. Imagine the discipline—or forgetfulness—it takes to hold that long. Either way, it’s one hell of a flex.

And Then There’s Satoshi…

Of course, the biggest whale of them all? That’d be Satoshi Nakamoto, Bitcoin’s mysterious creator. Still anonymous. Still inactive. Still holding a jaw-dropping 1.1 million BTC, which at current prices is worth over $102 billion. And not a single coin has moved.

Ever.

So yeah—when people talk about Bitcoin being a store of value, these are the stories they’re pointing to. It’s not theory anymore. It’s on-chain history.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $BTCBitcoinBlockchaincryptoPete RizzoSatoshi Nakamoto
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, AVAX, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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