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Satoshi-era Bitcoin miner moves $203M in BTC to trading desks amid $77K price

Market News
25 May 2026
Crypto news
View Source
Neutral
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A Bitcoin miner from the Satoshi era transferred 2,650 BTC worth about $203 million to trading firms FalconX and Cumberland, while holding roughly 6,000 BTC dormant. The move, executed through over-the-counter desks rather than public exchanges, helped avoid market price impact as Bitcoin traded near $77,000. This transfer signals some early holders are starting to liquidate parts of their holdings, potentially affecting supply dynamics, though most of the miner's stash remains untouched. Such moves often precede profit taking or custody restructuring among long-term holders.

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