Bitcoin Whale from Satoshi Era Sells $9.6 Million Worth of BTC

A Bitcoin whale, who mined the first coins on January 13, 2009, has sold part of his holdings. This was reported by analysts at Arkham Intelligence. 

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We’ve been tracking an ancient Bitcoin whale who mined thousands of BTC, starting only 5 days after the first block in 2009.

He’s now sold $9.68M BTC in total — and has $72.09M BTC remaining. https://t.co/juZlzhPtfc pic.twitter.com/YO9s6jxbdc

— Arkham (@ArkhamIntel) October 21, 2024

Experts at Arkham Intelligence have been tracking the activity of this miner from the Satoshi Nakamoto era and noted that from mid-August to mid-October, he transferred a total of $5.47 million to the Kraken exchange. 

The latest series of transactions was recorded on October 21. According to Arkham’s analysis, the whale sold bitcoins worth a total of $9.6 million. 

At the time of writing, his wallet still holds 1077 BTC, valued at $72.4 million. 

In June, the miner transferred 50 BTC, mined on July 14, 2010, to Binance.