A Satoshi-era bitcoin miner transferred 2,650 BTC to addresses linked to trading firms FalconX and Cumberland, according to Onchain Lens, citing Arkham data. The movement took place across three transactions and was worth about $203 million at current prices.

These transfers attract attention because early bitcoin holders often leave coins untouched for years. Moving BTC to major trading firms can suggest preparation for an OTC deal or a potential sale, but it does not prove that the coins have already been sold. The move could also reflect custody, rebalancing or another large treasury operation.

Onchain Lens estimates the whale still holds about 6,000 BTC, worth roughly $462 million. The transfer follows several other recent movements from old bitcoin wallets. Earlier this month, a dormant address moved 500 BTC after 12 years of inactivity, and last month another whale sent around $20 million in BTC to Binance.

Bitcoin was trading near $77,220, up about 0.6% over 24 hours, but still well below its October 2025 all-time high of roughly $124,900. For traders, the key signal is not immediate panic, but renewed activity from old coins — a factor that can increase attention to liquidity, OTC flows and possible sell-side pressure.