Satoshi-Era Wallet Moves $203M to Crypto Trading Firms

A Satoshi-era Bitcoin wallet has made significant transactions to two major crypto trading firms. The wallet, active during Bitcoin's earliest mining period, transferred approximately $203 million in BTC to FalconX and Cumberland on Sunday.

The three transactions were executed across the weekend, with the funds sent to these institutional crypto trading and prime brokerage services. Onchain Lens reported that the whale still holds around 6,000 BTC, valued at approximately $462 million.

This transfer is part of a broader pattern of large BTC movements in recent weeks. Earlier this month, another separate Bitcoin whale address moved 500 BTC after 12 years of inactivity. The previous month, another whale transferred $20 million in BTC to a crypto exchange.