Veteran Bitcoin Miner Sells BTC for the First Time in 14 Years!
The miner, who won 50 BTC rewards in 2010, sold these assets through Coinbase.
Although the leading cryptocurrency Bitcoin (BTC) has experienced significant declines recently, when we examine the long-term charts, we see that there is no decline in BTC. Bitcoin has been gaining parabolic value for years.
It is observed that all investors who invested in Bitcoin years ago made a large amount of profit. As of today, a miner who won 50 BTC reward from Bitcoin mining of 2010 woke up.
Look On-Chain, a successful data provider, shared the following information about this miner via its X/Twitter account:
“A miner's wallet woke up today after being dormant for nearly 14 years and very recently deposited 50 BTC ($3.28 million worth) to Coinbase.
The miner earned 50 BTC from mining on April 23, 2010 and has held these assets to this day.”
The miner, who held 50 BTCs he earned in 2010 for 14 years, sold these assets via the Coinbase exchange after the recent chaos.
Stay tuned for updates.