The past few weeks had been a bit exciting for Bitcoin as it experienced halving, then an early miner, who was believed to be <a href="https://www.cryptoknowmics.com/news/satoshi-nakamoto-the-accidental-billionaire/" target="_blank" rel="noopener">Satoshi Nakamoto</a>, shifted 50 Bitcoins and out of those Bitcoins, 10 were moved among wallets.
<h2>Old Miner Still Present In Ecosystem  </h2>
Recently, another exciting thing happened with Bitcoin when one of its miners from 2009/2010 transacted tens of millions worth of Bitcoin. This movement of Bitcoin showed the miner is still present in its ecosystem.

According to some analysts, these kinds of events are bad because now it appears that the old holders of Bitcoin, who earlier were assumed to have lost their Bitcoins, are still around.

Currently, it is being assumed that the old holders are now active in the market because they want to sell their BTC. Now this move has increased the market supply of BTC but decreased the equilibrium price.

One of the top crypto investors believed that the recent movement of Bitcoin is a positive sign for it.
<h2>Messages With Private Keys</h2>
The tens of millions worth of Bitcoin’s holder has recently marked messages with his private keys, which alleged Craig Steven Wright is a fraud and the message further mentioned that Wright does not have any private key for signing the messages.

In his message, the early miner appreciated the launch of Lightning Network, but he also said that now is the time to work on to enhance the on-chain capacity.

The CIO of Crypto and foreign exchange fund Three Arrows Capital, Su Zhu, while <a href="https://twitter.com/zhusu/status/1265209899899707393" target="_blank" rel="noopener">supporting</a> the private message of the owner said that the message related to Lightning Network is bullish for BTC.

Zhu further said, “It’s actually bullish because it means a miner of BTC since the earliest days still believes strongly in the Bitcoin roadmap and direction of the protocol”.

A report states that Yassine Elmandjra, a crypto-asset analyst at ARK Invest, mentioned that after the halving in April 2020, the Bitcoin Cash (BCH) experienced a strong blow.

Elmanjra further stated he was surprised with BCH’s performance because till date it has not experienced any large scale attack.

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Bitcoin Miner From 2009 Believes In BTC, Investors See This As Bullish Message

Recently, another exciting thing happened with Bitcoin when one of its miners from 2009/2010 transacted tens of millions worth of Bitcoin.

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

Bitcoin Miner From 2009 Believes In BTC, Investors See This As Bullish Message

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