Key Takeaways
- A dormant Bitcoin wallet from 2010 moved 50 BTC to Coinbase.
- Long-term Bitcoin holders have been consistently selling off assets in 2024.
- The coins are now worth $3.28 million.
A Bitcoin wallet inactive since 2010 has recently moved 50 BTC to the Coinbase exchange.
This wallet, originating from an early Bitcoin miner’s 2010 activity, is now worth around $3.28 million today.
Analyzing holder motivations
The revival of this wallet aligns with a trend where some early Bitcoin users are selling off their assets.
Crypto community reacts
CryptoQuant data suggests a pattern of sales by long-term holders.
