Commenting on today’s large Bitcoin transfers from a 14-year dormant address, Coinbase director of product strategy and business operations Conor Grogan said on X that the BTC likely belongs to a single miner from 2011. He noted the miner once consolidated 180 block rewards and held an address with 200,000 BTC in 2011 — one of the top five largest wallets ever, worth $22 billion at today’s prices.
2011 miner behind dormant Bitcoin whale’s moves, says Coinbase executive
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