Blockchain transaction records

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.