600 BTC From Satoshi Era Moves After 16 Years Dormant — SkimNews
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- 600 BTC from 12 dormant mining rewards moved after roughly 16 years of inactivity, drawing attention because the coins date to a period when Satoshi Nakamoto was still actively involved with Bitcoin.
- Lookonchain identified seven miner wallets that moved 350 BTC after 16.5 years of dormancy, saying the wallets earned the coins through mining in March 2010.
- One mining address received a 50 BTC block reward on March 5, 2010, and transferred its coins to a new address on September 5, 2026.
- Whale Alert noted that one reward moved several blocks before most of the others, saying the pattern was consistent with a test transaction preceding the remaining transfers.
- Nakamoto remained involved in Bitcoin development and communications through 2010 before gradually withdrawing, with their last known communication dating to April 2011.
Why it matters: The movement of ~600 BTC from Bitcoin's earliest mining era draws attention because these coins were last active when Nakamoto was still communicating with the project; Whale Alert's flagged test-transaction pattern shows the owner proceeded cautiously before committing the remaining transfers.
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