About 250 BTC from the early days of Bitcoin, known as the “Satoshi era,” were transferred in five separate transactions on Friday, each transferring about 50 BTC to new wallets. The total value of the transfers was about $16 million.
Just now: The Satoshi era #bitcoin Wallets transferred 250 BTC worth $16 million mined in January 2009 ЁЯдп
The owner of the wallet stole money ranging from $0 to $63,000. Legend! ЁЯЩМ
тАФ Bitcoin Magazine (@BitcoinMagazine) September 20, 2024
These coins were originally mined in January 2009, just a few months after BitcoinтАЩs launch, and have sat dormant ever since. Arkham Blockchain Analysis Investigations show that these wallets are not linked to Satoshi Nakamoto, the elusive creator of Bitcoin.
The original wallets the coins were transferred to are: 1CGT3Ywaa2upJfWtUtbXonDPNTfZPWqzmA, 1MBBJBFEaYKHFZAeV7hQ7DWdu3aZktjzFH, 13J8FkimCLQ2EnP1xRm7yHhpaZQa9H4p8E, 18E5d2wQdAfutcXgziHZR71izLRyjSzGSX, 1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD
These transfers were likely from an early Bitcoin miner who bought these coins when BTC was practically worthless. After holding them for over 15 years, they are now worth $16 million.
This reflects the conviction of early believers who recognized the potential value of Bitcoin long before the recent massive surge in prices. The anonymous owner mined and held these coins when Bitcoin was a niche experiment, which shows remarkable faith.
While the name of the original owner remains a mystery, this transfer is one of the largest amounts of тАЬSatoshi eraтАЭ Bitcoin ever transferred. There has been no activity to send the coins to exchanges, indicating that the owner may want to continue holding them.
