A miner has moved 50 BTC (~$3.3 million) for the first time, which were earned as a reward for mining a block on April 23, 2010. This activity was highlighted by Lookonchain.
A miner wallet woke up after being dormant for nearly 14 years and deposited 50 $BTC($3.28M) to #Coinbase 5 mins ago.
The miner earned 50 $BTC from mining on Apr 23, 2010, and has been holding it to this day.
Address:
15sxzZ4QSaoiMo5KYH9ab4xQj34yeJmKgb pic.twitter.com/DRw9U5Xy8N— Lookonchain (@lookonchain) April 15, 2024
According to on-chain data, 17 BTC were sent to an address linked to withdrawals from the Coinbase exchange. The remaining amount effectively stayed in the wallet under new credentials.
In January, an unknown Bitcoin whale moved 49,866 BTC (~$2.1 billion at the time), which had not been moved for five to seven years.
In November 2023, 6,500 BTC, which had been held for six years, were set in motion.
In the second half of 2023, market maker Wintermute recorded a 400% increase in over-the-counter crypto trading volume compared to the first half of the year.
