Satoshi-Era Miners Stir Up BTC Market with Surprise Transfer

Seven wallets from the early days of Bitcoin have suddenly become active after remaining dormant for over 16.5 years.

The wallets, known as Satoshi-era miners, were created in March 2010 after mining rewards earned during that time period.

A total of 350 BTC was transferred by these wallets, with each wallet moving 50 BTC. The value of the transferred coins is approximately $28 million at current prices.

The movement is unusual given the age of the coins, which were created when Bitcoin's block reward was 50 BTC.