Two Thousand Bitcoins (BTC), dormant since 2010, have started to be transferred. Bitcoin, one of the most profitable investment instruments of the past 15 years, has made early investors significantly wealthy. The leading cryptocurrency has maintained a bullish trend for years. Occasionally, early investors decide to sell their BTC holdings. Recently, Anıl Cıncık, a successful Turkish on-chain analyst, identified an investor who bought BTC in 2011 and shared the following details:
"At 22:29 CET, 2,000 Bitcoins, untouched for 13 years, were transferred and distributed to various wallets in increments of 37 BTC each. These Bitcoins, dating back to 2010, were initially held in wallets containing 50 BTC each, likely as miner rewards."
It is estimated that the transferring wallet belongs to a Bitcoin miner. While the movement of BTC that has been idle since 2010 might seem concerning, it is important to note that the amount is too small to impact Bitcoin's price significantly.
