Crypto
600 BTC Mined in 2010 Worth $48 Million Move After 16 Years
A significant Bitcoin transaction has taken place after 16 years of dormancy. The 600 BTC mined in 2010, worth around $48 million at the time, has moved for the first time since its creation.
The coins were created during the network's formative years and represent some of the earliest-era holdings. Despite their age, no link to Satoshi Nakamoto was found, according to Cointelegraph.
The movement of such long-dormant Bitcoin can attract close attention due to its rarity compared to actively circulating supply today. The transaction itself does not indicate whether the Bitcoin was sold, exchanged or simply transferred between addresses.