Satoshi-era Bitcoin wakes after 16 years of dormancy as 600 BTC moves
Whale Alert identified 12 mining rewards totaling 600 BTC that moved after 16 years of dormancy, with the onchain tracking platform finding no connection to Satoshi Nakamoto.
Whale Alert identified 12 mining rewards totaling 600 BTC that moved after 16 years of dormancy, with the onchain tracking platform finding no connection to Satoshi Nakamoto.
Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto.
Twelve addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more than 16 years of dormancy, according to onchain data reviewed by Cointelegraph.
The findings expand on Whale Alert’s earlier analysis of seven of the rewards. It said in an X post on Sunday that those seven originated from blocks it had determined were not mined by Nakamoto.