An early Bitcoin miner has transferred over $181 million worth of Bitcoin, marking the first such movement since November 2024 when Bitcoin was valued at approximately $91,000. This miner, active during the "Satoshi era," moved the funds to Coinbase, as noted by blockchain analysis provider CryptoQuant. Historically, movements by Satoshi-era miners are seen at key market inflection points. The transaction follows recent activity by two Bitcoin whales who moved their dormant balances from 2011 and 2012 to unknown wallets. The latest transfer has fueled speculation about potential market impacts, with some suggesting that such moves occur when whales anticipate market rallies. Meanwhile, Bitcoin prices have remained steady above $90,000, despite bullish forecasts from VanEck predicting potential future values as high as $53.4 million per coin under certain scenarios.
Early Bitcoin Miner Moves $181M, Sparking Market Speculation
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