A Bitcoin Address Moves 100 BTC That Have Been Dormant for Over 16 Years

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A Bitcoin address containing 100.02 BTC has just moved these tokens after more than 16 years of dormancy, since their reception on July 30, 2010. Galaxy Research analysts detected this transfer in block 970379, occurring when these BTC were worth at most a few dollars and now represent approximately $8.55 million. The realized performance by this holder reaches approximately 108,686,654%, one of the highest ever recorded on the Bitcoin network. These funds could originate from mining activity during Satoshi’s era, when block rewards amounted to 50 BTC. The intention behind this movement remains undetermined: potential sale or transfer to a more modern address to protect against quantum risk.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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