600 BTC From 2010 Moves After 16 Years: What Whale Alert Found
TLDR
- 600 BTC worth around $48 million moved from dormant wallets after more than 16 years
- The coins were mined in March 2010, when each block paid a 50 BTC reward
- Whale Alert traced all 12 mining block rewards and found no connection to Satoshi Nakamoto
- One coin moved first in what Whale Alert described as a test transaction pattern
- Lookonchain had earlier flagged seven of the wallets, identifying 350 BTC moved after 16.5 years of inactivity
Bitcoin mined in March 2010 has moved for the first time in over 16 years, sending ripples through the crypto community.
On Saturday, 12 dormant addresses holding a combined 600 Bitcoin transferred their funds. At current prices, that is roughly $48 million worth of BTC.
7 miner wallets woke up after 16.5 years of inactivity and moved 350 $BTC ($28M) 6 hours ago.
These miners earned the 350 $BTC from mining in March 2010.
Wallets:
1LqKzBmdLGfEmvQPvzRQYBsb1VuBLFMeJ8
1Q9oY6c8T3KyjzrT7NVgx6qcoPXc3fU1R1
15VmQyGwCwiDmTk1e9jn2RbfGBLpusSJeP… pic.twitter.com/xa6c4NbqAf… Continue reading the full article at the original source below.
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