Satoshi-era Bitcoin wakes after 16 years of dormancy as 600 BTC moves
Summary
Twelve dormant Bitcoin addresses moved 600 BTC, worth about $48 million, after more than 16 years of inactivity, sparking speculation about a possible Satoshi Nakamoto connection. Onchain tracking traced the coins to block rewards mined in March 2010, when each block paid 50 BTC. Whale Alert said its research found no link to Nakamoto and stated none of the blocks can be connected to Satoshi. The activity appears to have involved 12 separate miner rewards, with one transfer occurring earlier than the others, possibly as a test transaction. The coins date to Bitcoin’s early “Satoshi era,” but that does not mean they belonged to Bitcoin’s creator.
