A veteran miner broke open their stockpile of Bitcoin in 2010, with crypto analysts seeing 100 BTC being transferred from two wallets that have been silent for more than a decade.
Prior to today’s transaction, the addresses have not seen any activity since they each received a 50 BTC Coinbase reward almost 11 years ago, except for two incoming transactions worth just 0.00000547 BTC each that went to the wallets in the last six months. was sent.
The February 25 deal combined the two mine address outputs, indicating that both addresses belong to the same owner. The two blocks were only mined a few hours apart on June 10, 2010.
Bitcoin is currently trading at $ 49,800, giving the coins a combined value of nearly $ 5 million. With the BTC trade of $ 0.08 when the coins were mined, the whale’s possession increased 622,500 times.
Some old coins moved today (100 BTC as of June 2010).
It is very rare to see bitcoins move before the GPU era, but this has only happened dozens of times in the last few years.
And no, that’s probably not Satoshi. pic.twitter.com/0jZXnmWUes
– Antoine Le Calvez (@khannib) 24 February 2021
About half of the coins have been moved to a wallet belonging to the German peer exchange Bitcoin.de, which has been in operation since 2011. The remaining coins are tentatively housed in a newly created heritage address.
Forked altcoins like Bitcoin Cash (BCH) and Bitcoin SV (BSV) have not yet been disputed from the BTC.
The coins, mined in blocks 60365 and 60385, probably do not belong to Satoshi Nakamoto, who is suggested to have mined at least 1.1 million BTC.
The movement of coins from the 2010 era is an unusual event, and researchers have identified only 18 transactions with BTC with inputs from July 2010 or earlier in 2021 so far.
In May 2020, 50 Bitcoin moved from a 2009 mining address, sparking speculation that the BTC may have belonged to Satoshi.