Decade-Old Bitcoin Wallets Move $15.7M, Cashing Out via Coinbase
Four Bitcoin wallets untouched for over a decade just shifted $15.7 million, routing part of it straight to Coinbase.
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
Key takeaways
- Four decade-old wallets transferred $15.7 million between Aug. 29 and Sept. 4.
- A portion of the funds went to Coinbase, signaling a likely sale.
- The transfers mark another instance of early Bitcoin holders taking profits.
Four ancient Bitcoin wallets dormant for over ten years suddenly woke up, shuffling a combined $15.7 million between Aug. 29 and Sept. 4.
At least one stash of those long-silent coins landed directly on Coinbase. That's usually a dead giveaway the owner wants to sell and lock in wild returns.
Holding crypto for a decade takes absurd patience. Whoever holds these keys sat through brutal bear markets, exchange meltdowns, and relentless chaos before finally deciding to move their funds.
Why it matters
When early-era wallets wake up and head toward centralized exchanges, traders pay attention. Big exchange deposits usually mean selling pressure. While $15.7 million isn't enough to crash the whole market on its own, it proves a point: even the most disciplined Bitcoin pioneers eventually hit a price where they're ready to cash out.
Source: Decrypt
Top Crypto Casinos Right Now
🇦🇺 Showing sites that accept players from Australia Change country
Advertising disclosure: we may earn a commission when you join an operator via links on this page, at no cost to you. This never dictates our ratings. How we make money
More info Less info
Why we chose it: A US-oriented casino that turns away only New Jersey. The cashier takes crypto, but the site publishes fewer specifics than any operator we list.
- KYC
- Required
Restricted countries: New Jersey (US).
More info Less info
Why we chose it: One of the widest crypto line-ups of any book we list - seven coins with fast payouts - aimed squarely at Asia and Latin America rather than the US or Western Europe.
- Licence
- Curacao
Restricted countries: Austria, Belgium, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia and 21 more.
More info Less info
Why we chose it: Built for American bettors, priced accordingly. Biggest welcome bonus of the five, attached to the heaviest rollover of the five.
- Online since
- 1994
- Licence
- Curaçao
- Payout time
- 24–48 hours (crypto)
- Wagering
- 18x sportsbook / 30x casino
- KYC
- Required
Restricted countries: Belgium, Costa Rica, Croatia, Curaçao, Aruba, Sint Maarten, Caribbean Netherlands, France and 11 more.
Priya Nair
Priya covers the AI side of crypto — agent tokens, decentralised compute and where the two industries actually meet.
