Two Bitcoin addresses dormant for more than 16 years transferred about 100 BTC in one go today.
The Block, citing on-chain data, reported that the two transfers were about two minutes apart, each involving roughly 50 BTC. The coins came from mining rewards issued in September 2010, when each reward was worth about $3; at the time of the transfers, the Bitcoin was worth about $6.89 million in total.
There is currently no public information about who made the transfers or why. Over 16 years, these coins went from being worth a few dollars to nearly $7 million. When these old addresses finally moved, they left a record of that entire span of time on the blockchain.
The Block, citing on-chain data, reported that the two transfers were about two minutes apart, each involving roughly 50 BTC. The coins came from mining rewards issued in September 2010, when each reward was worth about $3; at the time of the transfers, the Bitcoin was worth about $6.89 million in total.
There is currently no public information about who made the transfers or why. Over 16 years, these coins went from being worth a few dollars to nearly $7 million. When these old addresses finally moved, they left a record of that entire span of time on the blockchain.