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A Bitcoin address from the Satoshi era transferred 600 BTC after 16 years of dormancy, worth approximately $48 million.

MarsBitNews
Abstract generation in progress
Mars Finance reported on September 6 that 12 Bitcoin addresses that had been dormant for more than 16 years transferred a combined 600 BTC on September 5, worth approximately $48 million. These bitcoins all came from mining rewards in March 2010, when Satoshi Nakamoto was still active on the Bitcoin network. Whale Alert said the 600 bitcoins came from mining rewards for 12 Bitcoin blocks, and found no evidence linking these addresses to Satoshi Nakamoto. Previously, Lookonchain identified seven of the miner wallets, which transferred 350 BTC after remaining dormant for approximately 16.5 years. Whale Alert also noted that one of the block rewards was transferred several blocks ahead of most of the other transfers, a pattern consistent with conducting a test transaction before executing the remaining transfers.
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BTCBTC-0.05%
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Comment
RiskTester
3 hours ago
Lookonchain’s tracking ability is impressive—on-chain analysts really are on-chain detectives.
0View Original
MultiSigButler
3 hours ago
Are miners from 2010 only moving now because their retirement funds are running short, or did they see the top coming?
0View Original
MakeSomeProfitAt92
3 hours ago
Just send it 👊
0View Original
OldMerchantGoodLuck
4 hours ago
They probably forgot about it, and have now realized it’s valuable and withdrawn it to sell.
0View Original
CornFarmer
4 hours ago
I can hold on to coins from 2016, but today I already want to sell the altcoin I bought yesterday.
0View Original
GasAnalyst
4 hours ago
First Review
If these 600 coins had been exchanged for pizza back then, how many pizzerias could they buy today?
0View Original
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