Trump Media transfers 2,650 BTC to Crypto.com after disclosing large paper losses
first published 2026-05-25T13:15:59Z
A long-dormant Bitcoin miner from 2009-2010 transferred 2,650 BTC, valued at about $203 million, to FalconX and Cumberland OTC desks. The wallet still holds roughly 6,000 BTC, and the moves were split into multiple transactions with no immediate market impact as Bitcoin traded near $77,000.
AI Analysis
A large Satoshi-era holder moved a significant amount of BTC to OTC desks, which can indicate supply coming to market, but the transfers were split and had no immediate price impact.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
