tldr; A Bitcoin miner from 2010 has reactivated after 15 years, transferring 2,000 BTC worth $181 million to Coinbase. This marks the largest Satoshi-era transfer since 2024. The coins, mined during Bitcoin’s early days, were consolidated from legacy addresses. Analysts suggest such moves often occur at key market inflection points, reflecting profit-taking or custody updates. Despite selling pressure from early holders, Bitcoin’s market absorbed the supply without structural stress, showcasing its deep liquidity and resilience.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
someone got out of jail
ReasonablePossum_ on
And another old wallet with lame security was cracked.
People here will spread jail theories, but the advance of teams in the bitcoin wallet cracking challenge makes the idea of these wallets just being hacked into far more plausible than some random remembering where they have their btc after 10+ years.
Not to mention that the last dozen of these news were for old and small wallets. Which points towards people focusing in small ones, as 2k btc at the time was basically nothing.
Financial_Clue_2534 on
People have to remember age. 15 years ago this person was probably in their 30s or 40s so today they are old and can retire.
potatoMan8111 on
Coming to ethereum!!
jmomentum on
Probably doesn’t like being associated with the new Bitcoin nazi marketing
ifureadthisurepic on
Ah, must be those good old “lost Bitcoins”.
Been thinking for a while that people should not assume Bitcoins are lost just because they haven’t moved. There could always be another reason, except for confirmed cases of lost keys.
harveytent on
Obviously they already had tons of money. Most of the early investors were not poor if they held. If your 1$ coins goes up to 100$ you are generally going to take profits. Not ever doing that shows this person was really well off or maybe made a fortune on a different crypto.
All the super long term holders could afford to just throw money at an incredibly risky investment and forget about it.
Personal-Ebb-4717 on
M. Saylor is the ultimate exit liquidity. MSTR will buy up any BC you have
10 Comments
Time to sell and hit exit ?
tldr; A Bitcoin miner from 2010 has reactivated after 15 years, transferring 2,000 BTC worth $181 million to Coinbase. This marks the largest Satoshi-era transfer since 2024. The coins, mined during Bitcoin’s early days, were consolidated from legacy addresses. Analysts suggest such moves often occur at key market inflection points, reflecting profit-taking or custody updates. Despite selling pressure from early holders, Bitcoin’s market absorbed the supply without structural stress, showcasing its deep liquidity and resilience.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
someone got out of jail
And another old wallet with lame security was cracked.
People here will spread jail theories, but the advance of teams in the bitcoin wallet cracking challenge makes the idea of these wallets just being hacked into far more plausible than some random remembering where they have their btc after 10+ years.
Not to mention that the last dozen of these news were for old and small wallets. Which points towards people focusing in small ones, as 2k btc at the time was basically nothing.
People have to remember age. 15 years ago this person was probably in their 30s or 40s so today they are old and can retire.
Coming to ethereum!!
Probably doesn’t like being associated with the new Bitcoin nazi marketing
Ah, must be those good old “lost Bitcoins”.
Been thinking for a while that people should not assume Bitcoins are lost just because they haven’t moved. There could always be another reason, except for confirmed cases of lost keys.
Obviously they already had tons of money. Most of the early investors were not poor if they held. If your 1$ coins goes up to 100$ you are generally going to take profits. Not ever doing that shows this person was really well off or maybe made a fortune on a different crypto.
All the super long term holders could afford to just throw money at an incredibly risky investment and forget about it.
M. Saylor is the ultimate exit liquidity. MSTR will buy up any BC you have