Satoshi-Era Bitcoin awakens: 1,005 BTC Mined In 2010 On The Move

August 17, 2023

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1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements.

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A Bitcoin BTC $28,574 wallet containing 1,005 BTC mined in 2010 has reawakened, with an anonymous user moving the long dormant coins to new addresses in a number of different transactions.

Speaking exclusively to Cointelegraph, Kirill Kretov — a blockchain researcher, developer and cryptocurrency trader — weighed in on the event after initially flagging the movement of the BTC, which was mined just a year after Bitcoin’s inception.

Cointelegraph independently verified the details of the wallet using blockchain data from Blockchair. According to the wallet statement, the 1,005 BTC was valued at just $328 when it was received in 2010. The coins were valued at over $29 million at the time of publication...

To read more visit Cointelegraph.

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