Satoshi-Era Bitcoin Whale Moves More Than $200 Million in BTC to FalconX and Cumberland

A long-dormant Satoshi-era Bitcoin miner moved 2,650 BTC, valued at about $203 million, to crypto trading desks FalconX and Cumberland. The new report adds that the holder still controls roughly 6,000 BTC in dormant balances after the transfer. Bitcoin spot prices were near $77,000 at the time. FalconX and Cumberland are major digital asset trading firms that often facilitate large over-the-counter transactions, a structure that can reduce disruption on public exchanges, though no reason for the transfer was disclosed.

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