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A Bitcoin miner from 2010 moved 2,000 BTC for the first time
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Most of the funds were sent to Coinbase
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The move sparked speculation but no panic selling so far
A Bitcoin wallet dating back to 2010 has come back to life, moving 2,000 BTC worth roughly $180 million for the first time in more than 15 years.
Blockchain data shows the coins were transferred in small batches of 50 BTC, with the majority ending up on Coinbase. These coins were mined during the so-called Satoshi era, when block rewards were 50 BTC and Bitcoin was worth just a few dollars.
Back in 2010, the entire stash would have been worth only a few hundred dollars. Today, each block reward from that period is worth over $4.5 million, highlighting the scale of long-term gains for early miners.
Moves like this often attract attention because transfers to centralized exchanges can signal potential selling, hedging, or repositioning. Analysts caution, however, that not every whale move leads to an immediate sell-off.
So far, the market reaction has been muted. Bitcoin prices remained relatively stable, suggesting traders are watching closely but not panicking. Analysts say volatility could increase if more dormant wallets begin moving coins, especially in a market already sensitive to ETF flows and macro signals.
