A Bitcoin miner from the Satoshi era became active for the first time in over 15 years, transferring around 2,000 BTC worth approximately $181 million. According to CryptoQuant, this marks the largest movement of early-era coins since late 2024.

Analysts note that such transfers often occur at key market moments. The coins were mined in 2010, when the block reward was 50 BTC, and remained stored on legacy P2PK addresses for years before being consolidated and sent to Coinbase.

Despite potential sell-side pressure, the market reaction was calm. Bitcoin absorbed the release of this “old” supply without disrupting market structure, highlighting strong liquidity and sustained interest from long-term investors.