Satoshi-Era Bitcoin Moves After 16 Years Dormant — SkimNews
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- Whale Alert identified 12 dormant Bitcoin mining rewards from the Satoshi era that moved after 16 years of inactivity, totaling 600 BTC across the addresses
- Lookonchain initially flagged seven of the miner wallets that moved 350 BTC after 16.5 years of inactivity, noting the coins were earned through mining in March 2010
- Nakamoto remained actively involved in Bitcoin development and communications through 2010 before gradually withdrawing from the project, with their last known communication dating to April 2011
- One of the 12 addresses received a 50 BTC mining reward on March 5, 2010 and moved the coins to a new address on Sept. 5, 2026
- Whale Alert observed one reward moved several blocks ahead of the others, a pattern consistent with a test transaction preceding the remaining transfers
Why it matters: Satoshi-era coins moving is rare and closely watched because early miners are sometimes assumed to be Nakamoto or close associates; any movement is treated as a potential signal of intent to sell, redistribute, or simply consolidate. With 600 BTC changing hands after 16 years of dormancy and one transaction apparently serving as a test, the pattern suggests deliberate wallet management rather than a hack or involuntary transfer.
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