Satoshi-Era Miner Moves Millions in Bitcoin After 15 Years of Silence
A long-dormant Bitcoin miner moved 2,000 BTC, worth about $181 million, from addresses active in 2010.Summary
A Bitcoin miner from the network's earliest days, who had been silent for over 15 years, moved 2,000 BTC, valued at approximately $181 million. Analysts noted that Satoshi-era miners often move funds during key market inflection points. The coins originated from block rewards mined in 2010 and had been held across 40 legacy Pay-to-Public-Key (P2PK) addresses before being consolidated and transferred to Coinbase, suggesting a potential sale. This event highlights a growing trend of "vintage" supply hitting the market, though the Bitcoin network has absorbed these large "OG" supply shocks without structural breakdown, indicating deep liquidity. Despite this selling pressure, long-term institutional forecasts, like VanEck's projection of $2.9 million per coin by 2050, remain bullish.
(Source：BeInCrypto)