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Dormant Satoshi-Era Bitcoin Address Gets Active After 10 Years with Bitcoin Worth $44m on the Move

From pageone.ng

A Bitcoin address with a decade of inactivity has been activated with the transfer of 687 BTC ($43.9 million) to two different wallets on May 6. The Bitcoin address dates back to the era when Satoshi Nakamoto, the purported inventor of Bitcoin, was still active has woken up after 10 years. The Bitcoin wallet first transferred 625.43 Bitcoin to an address starting with “bc1qky” and 61.9 BTC to “bc1qdc.” Dormant wallets waking up have always sparked curiosity in the crypto community. In August 2023, another Satoshi-era wallet woke from dormancy after almost 14 years and transferred 1,005 BTC mined in 2010. According to ... (full story)

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  • Category: Fundamental Analysis