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Coinbase executive: The ancient whale transferring tens of thousands of BTC may be a miner from 2011 who once held 200,000 bitcoins

2025-07-04 22:00:05

ChainCatcher news, according to Coinbase executive Conor Grogan, a long-dormant whale that activated and transferred tens of thousands of bitcoins today may belong to a single miner from 2011. This miner consolidated 180 mining reward blocks and held approximately 200,000 BTC in 2011, which is worth about $22 billion at current prices, making it one of the top five Bitcoin wallets of all time.

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