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TRX $0.3126 Bitcoin · News brief
Two 2010 bitcoin wallets move 100 BTC worth about $6.9 million
Addresses dormant since September 2010 transferred mining rewards that were worth roughly $6 combined at the time, no sale has been confirmed.
Key takeaways
- Two transfers, minutes apart. Whale Alert flagged the first 50 BTC movement at 4:08 a.m. UTC, with a second 50 BTC transfer following just over two minutes later.
- Gains are on paper. The roughly 1.15-million-fold increase reflects bitcoin's market price, not proceeds the holders are known to have realized.
- A broader pattern. Analytics firms have recorded a sharp rise in 2026 in coins moving after a decade or more of inactivity.
What happened
Two bitcoin addresses that had sat untouched since September 2010 spent their balances on Friday, Nov. 13, moving a combined 100 BTC worth approximately $6.9 million at the time. Blockchain tracking service Whale Alert flagged the first transfer at 4:08 a.m. UTC, when 50 BTC moved from an address that had not spent its mining reward in more than 16 years. A second 50 BTC transfer from a separate wallet followed a little over two minutes later.
Both sums originated as block rewards rather than coins bought on an exchange. According to the reports, the rewards were mined on Sept. 8 and Sept. 19, 2010, when bitcoin changed hands for roughly six cents and each 50 BTC reward was worth about $3. That put the original combined value at around $6.
The coins were dispersed rather than sent to a single destination. The first transaction directed nearly 49.99 BTC to one new address and about 0.01 BTC to another, while the second sent roughly 49 BTC to one address and about 1 BTC to another. Each transfer paid 1,110 satoshis in network fees, or roughly $0.75. Bitcoin.com News reported that within an hour parts of the two balances had been gathered into a new address holding about 59 BTC, with the rest spread across three further addresses, a pattern the outlet said could point to coordination.
As of an on-chain check at about 14:00 UTC on Friday, the 100 BTC had not moved again from their new locations, and no sale had been identified.
First $81.6KLatest $69K-15.5% over the period
Points are daily observations, not closing prices.
