$12M in ‘Satoshi Era’ Bitcoins Move: 21 Block Rewards from 2010 Spent After a Decade of Slumber

On early Sunday morning around 1:38:02 a.m. (New York time), approximately 20 blocks with coinbase rewards from 2010 were spent in one block. 1,000 BTC was then consolidated into a single address before moving again. The massive movement of the decade-old ‘sleeping’ bitcoins was caught by an onchain transaction parser and the coins were spent in block 652,204.

** Update, approximately 9.99999943 BTC or $114k worth of the 1,050 bitcoins from 2010 were sent to the Free Software Foundation….


Source link

About bitcoin

Check Also

‘Old hands selling out’ metric shows Bitcoin price at risk of HODLers dumping

Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As …

Leave a Reply

Your email address will not be published. Required fields are marked *