Satoshi

Bitcoin

Over the past week, wallets dormant since the Satoshi era moved 250 BTC, equivalent to $15.9 million. Each of these wallets received 50 BTC as a block reward in 2009.
Despite concerns that selling such a volume might impact the market, <a href="https://ultramining.com/news/en/impending-bitcoin-halving-may-trigger-major-hashrate-decline-say-experts/" rel="noopener noreferrer nofollow">Bitcoin's price</a> rose by over 7%, reaching $64,043. Analysts note that the 100-day EMA for early miner sales is at a yearly low, reducing price pressure.
This event demonstrates Bitcoin's resilience in the face of potential market shocks and indicates the cryptocurrency market's maturity.

Early Miners Moved 250 BTC ($15.9 Million), Bitcoin Price Remains Stable

Ultramining_Eng

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