Dormant Bitcoin holder transfers 1,502 BTC to Coinbase after reported 2 million% gain

  • A holder of Bitcoin dormant for more than 15 years transferred 1,502 BTC to Coinbase.
  • The 1,502 BTC was valued at $121,555,782, and the holder reportedly gained 2 million%.
  • Galaxy's head of research monitored the movement, which Odaily reported; the transfer does not itself confirm a sale.

A Bitcoin holder transferred 1,502 BTC, valued at $121,555,782, to Coinbase after holding the coins dormant for more than 15 years and reportedly recording a 2 million% gain. Galaxy's head of research monitored the movement, which Odaily reported citing a post on X. The sender's ownership was not identified, and the transfer alone does not establish that the Bitcoin was sold.

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