CoinScoopSatoshi-Era Miner Transfers 600 BTC After 16 Years of Dormancy
An anonymous whale moved 600 BTC, valued at approximately $48 million, after the coins remained inactive for over 16 years. The BTC was mined in March 2010, with each address receiving 50 BTC as a block reward. Whale Alert analysts confirmed that the 12 block rewards are not linked to Bitcoin creator Satoshi Nakamoto. Experts suggest that an earlier, smaller transaction may have served as a test before the main transfer.
Summaries are written by AI from the original article. Not investment advice.