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Crypto

Satoshi's 1.1 Million Bitcoin Stash Sparks Fresh Onchain Activity

Guavy AI Editorial Team
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BTC
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Bitcoin's early mined coins are once again in focus due to fresh onchain clues suggesting Satoshi Nakamoto's 1.096 million BTC stash is active.

A recent surge of activity has seen seven dormant wallets containing 50 BTC each reactivated after 16.5 years, sparking interest among analysts.

Galaxy Research notes that 21,922 '50 BTC' Coinbase outputs, amounting to 1.096 million BTC, are thought to have been mined by Satoshi, accounting for 64.5% of unspent rewards.

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