Satoshi-era miner moves 2,650 BTC to FalconX, Cumberland as sell-side pressure builds
A dormant Bitcoin wallet from the early mining days has transferred 2,650 BTC, valued at approximately $203 million, to OTC trading desks FalconX and Cumberland. The wallet still retains around 6,000 BTC, worth about $462 million. This activity has raised concerns about potential sell-side pressure in the market as more holders appear to be positioning their coins for sale.
- ▪The transfer occurred on May 25, 2026, with the Bitcoin trading near $77,000 at that time.
- ▪The wallet has been inactive since Bitcoin's early days, specifically from 2009 to 2010.
- ▪This transfer follows a similar event in January 2026, where another Satoshi-era miner moved 2,000 BTC.
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Satoshi-era miner moves 2,650 BTC to FalconX, Cumberland as sell-side pressure builds A dormant wallet linked to Bitcoin's earliest mining days just sent $203 million worth of BTC to two major OTC desks, and it still has 6,000 BTC left. Share Add us on Google by Editorial Team May. 25, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); A Bitcoin wallet that has been sitting quietly since the network’s first year of existence just woke…
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