coin-img-ETHETH+0.19%coin-img-BTCBTC+0.03%coin-img-SOLSOL+0.18%coin-img-USDCUSDC+0.01%coin-img-UBOXUBOX-47.38%coin-img-XRPXRP-0.53%coin-img-HYPEHYPE-1.74%coin-img-TRXTRX+0.61%coin-img-ETHETH+0.19%coin-img-BTCBTC+0.03%coin-img-SOLSOL+0.18%coin-img-USDCUSDC+0.01%coin-img-UBOXUBOX-47.38%coin-img-XRPXRP-0.53%coin-img-HYPEHYPE-1.74%coin-img-TRXTRX+0.61%coin-img-ETHETH+0.19%coin-img-BTCBTC+0.03%coin-img-SOLSOL+0.18%coin-img-USDCUSDC+0.01%coin-img-UBOXUBOX-47.38%coin-img-XRPXRP-0.53%coin-img-HYPEHYPE-1.74%coin-img-TRXTRX+0.61%coin-img-ETHETH+0.19%coin-img-BTCBTC+0.03%coin-img-SOLSOL+0.18%coin-img-USDCUSDC+0.01%coin-img-UBOXUBOX-47.38%coin-img-XRPXRP-0.53%coin-img-HYPEHYPE-1.74%coin-img-TRXTRX+0.61%

Bitminter founder-linked wallet moves 829 BTC after eight years of dormancy

AI Market Summary
An address linked to Bitminter founder Geir Harald Hansen moved 829 BTC after roughly eight years of onchain inactivity. The transfer highlights potential "old whale" supply becoming active, which can raise short-term volatility and liquidity sensitivity as markets assess whether coins are moving to exchanges or custody reshuffling. While no sale is confirmed, large legacy-wallet activity often affects positioning and risk sentiment in BTC-linked markets.
Impact level
● Medium
Affected assets
BTC/USDT+0.10%
AI Insight · BTC/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
ME News said Emmett Gallic's on-chain monitoring shows that on July 30 (UTC+8), a wallet linked to Geir Harald Hansen, founder of early Bitcoin mining pool Bitminter, transferred 829 BTC. Part of the holdings had remained inactive on-chain for eight years. Public records indicate Bitminter was among Bitcoin's earliest large mining pools, at one point contributing close to 10% of the network's total hash rate and mining about 208,232 BTC. (Source: BlockBeats)
Selected
BTC
BTC+0.01%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.