Dormant Bitcoin Wallets Wake Up After 16 Years, Moving $6.9 Million
Summary
Two Bitcoin wallets holding mining rewards from September 2010 each moved 50 BTC on Friday, transferring about $6.9 million in total at prices near $68,800 per coin. The coins were worth roughly $3 each when mined. The transfers split the funds among new addresses, and the BTC had not moved again at the time of the report. It remains unclear whether the wallets’ owners sold the coins or simply moved them for security or custody reasons; no sale was identified.
