600 Bitcoin from 2010 Moves After Over 16 Years of Dormancy
- A total of 600 Bitcoin (BTC), valued at approximately $48 million, was transferred from twelve dormant addresses.
- The Bitcoin originated from mining rewards across twelve blocks mined in March 2010, each block yielding a subsidy of 50 BTC.
- Whale Alert confirmed that none of the blocks can be connected to Satoshi Nakamoto, the pseudonymous creator of Bitcoin.
- One address involved received a mining reward on March 5, 2010, and moved the coins on September 5, 2026.
- Lookonchain identified seven wallets that also moved a total of 350 BTC after similar inactivity.
The movement of these long-dormant coins has sparked interest due to their origins during the early days of Bitcoin when Nakamoto was still active in the project. Despite speculation about their connection to Nakamoto, research indicates otherwise.
This significant transfer highlights the ongoing activity within the Bitcoin network, with over $48 million in assets moving after more than sixteen years.(Source)
