š³ 14 Years Later: A Satoshi-Era Wallet Moves 2,000 BTC
A Bitcoin wallet dormant since 2010 has just moved 2,000 BTC (worth nearly $180M) to Coinbase, sparking intrigue across the crypto community. šØ
š Key Details:
ā¢ The wallet held the BTC since Bitcoinās early days, when the price was under $0.10. Today, each BTC in that wallet is worth nearly $90,000!
ā¢ These "Satoshi-era" coins were mined during a time when Bitcoinās creator, Satoshi Nakamoto, was still active online.
š Why It Matters:
Bitcoin has recently seen increased movement of long-dormant wallets:
ā¢ September 2024: 250 BTC mined in 2009 moved after 15 years.
ā¢ August 2024: 174 BTC mined in 2014 transferred, worth $10M.
ā¢ May 2024: 1,000 BTC from 2013 shifted, valued at $60M.
Such movements often signal selling activity, but analysts believe the market is prepared to handle these volumes. With bullish momentum intact, Bitcoinās next target remains at $100,000. š
š Bigger Picture:
From a possible U.S. Bitcoin reserve to spot ETFs and nation-state adoption, BTCās long-term outlook remains strong.
š¬ Question:
What do you think: Does this whale movement signal a sell-off or a strategic play? Share your thoughts below! š
