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What will be the primary use of the funds moved from Satoshi-era Bitcoin wallets by end of 2024?
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Resolution / Starting Odds
Investment in other cryptocurrencies • 25%
Cash out to fiat currency • 25%
Donation to charity • 25%
Other • 25%
Blockchain transaction records and public statements
Story
Dormant Satoshi-Era Bitcoin Wallets Move 250 BTC Worth $16 Million After 15 Years
Sep 20, 2024, 07:49 AM
In a rare event, several dormant Bitcoin wallets from the early days of the cryptocurrency, known as the 'Satoshi era,' have been activated. On Friday, over 250 BTC, worth approximately $16 million, were transferred in five separate transactions. These wallets had been inactive for over 15 years, with each containing 50 BTC mined back in January 2009. The sudden movement of these funds, including amounts like $3.05M and $3.19M, has sparked speculation within the crypto community. The transactions involved Coinbase Rewards.
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Speculative Investment • 25%
Store of Value • 25%
Payment Method • 25%
Other • 25%
Less than 500 BTC • 25%
500-1000 BTC • 25%
1001-2000 BTC • 25%
More than 2000 BTC • 25%
Asian payment firm • 25%
European bank • 25%
Cryptocurrency exchange • 25%
Other • 25%
Establish a Strategic Reserve • 25%
Sell to reduce national debt • 25%
Hold as an investment • 25%
Other • 25%
Hold • 25%
Sell • 25%
Reinvest in other cryptocurrencies • 25%
Other • 25%
Store of value • 25%
Speculative investment • 25%
Medium of exchange • 25%
Other • 25%
Centralized Exchange • 25%
Decentralized Exchange • 25%
Private Wallet • 25%
Other • 25%
Returned to protesters • 25%
Used for legal fees and settlements • 25%
Donated to charity • 25%
Other use • 25%
Yes • 50%
No • 50%
