Cointelegraph - A Bitcoin miner from 2010, when the coin was almost worthless, reactivated their wallet and moved their holdings to an exchange, potentially to sell

in blockchain •  4 days ago 

https://cointelegraph.com/news/satoshi-era-bitcoin-miner-sends-50-btc-binance
Screenshot_20240630-193140_Brave.jpg

A very early Bitcoin miner, who mined 50 BTC in 2010 when it was worth just $0.05 each, recently moved those coins (now worth over $3 million) to a cryptocurrency exchange, potentially for selling.

This activity from a dormant "Satoshi era" wallet is part of a trend of early miners cashing out their holdings.

Beware of Bitcoin dumps!!

Screenshot_20211106-080453_DesignEvo.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Upvoted! Thank you for supporting witness @jswit.

You've got a free upvote from witness fuli.
Peace & Love!