Bitcoin Mined in 2010 Moves to Exchanges as Early Miners Sell Holdings

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Bitcoin Mined in 2010 Moves to Exchanges as Early Miners Sell Holdings Julio Moreno, Head of Research at CryptoQuant, recently reported a rare movement of 2,000 BTC mined in 2010 to cryptocurrency exchanges, marking one of the largest transfers of Satoshi-era Bitcoin in recent years.

This movement aligns with a broader trend of miners liquidating portions of their Bitcoin, potentially impacting short-term price dynamics.

These early coins are tracked closely by the crypto community because any movement from dormant wallets raises speculation about long-term holders’ intentions and potential impacts on the market.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: 2010 moves BTC Mined in 2010 Moves to Exchanges Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-15 @ 13:21:23 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 718 words

Reading Time: 4 minutes read

Sentences: 34 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23602716

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Official Website: bitcoinworld.co.in

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