Early Bitcoin Miner Transfers 2,000 BTC Worth $181 Million After 15 Years
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Massive Transfer: An early Bitcoin miner transferred 2,000 BTC worth approximately $181 million after nearly 15 years of dormancy, consolidating 40 mining reward addresses from 2010, highlighting the immense appreciation potential of early Bitcoin holdings.
- Historical Context: These Bitcoins were originally acquired when prices were below $0.10, with the miner's initial cost around $20, resulting in a staggering 905,000,000% return on investment, reflecting Bitcoin's long-term value growth as an asset.
- Market Implications: Historically, such transfers typically flow to Coinbase, potentially indicating future selling pressure; however, the recent market response has been muted, suggesting a decreased investor sensitivity to large transfers.
- Dormant Wallet Phenomenon: Currently, dormant Bitcoin wallets are estimated to hold around 1.8 million BTC worth over $121 billion, indicating a significant amount of untapped Bitcoin in the market that could pose new liquidity risks in future bull runs.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
