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Satoshi Era Bitcoin moving

Bitcoin Reddit

More / Bitcoin Reddit 53 Views

• An early crypto miner moved 50 BTC, worth over $3 million, after 14 years of inactivity, with part of the transfer ending up at crypto exchange Coinbase.

• The transaction joins the few instances of "Satoshi era" bitcoin movements, following other significant transfers in 2023.

https://www.coindesk.com/markets/2024/04/15/bitcoin-from-rare-satoshi-era-miner-moves-after-14-years-of-dormancy/amp/

What do we think this means? Are they gearing up for a massive run up to offramp to fiat, or do you think they are selling in the 60's?

submitted by /u/Quartertipsy
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