Satoshi-era Bitcoin | Crypto

Whale Alert identified 12 mining rewards totaling 600 BTC that moved after 16 years of dormancy, with the onchain tracking platform finding no connection to Satoshi Nakamoto. Bitcoin mined in 2010 moved from long-dormant addresses after more than 16 years, reigniting speculation over a possible link to Satoshi Nakamoto. A dozen addresses holding a combined 600 Bitcoin (BTC), worth about $48 million, moved the coins on Saturday after more than 16 years of dormancy, according to onchain data reviewed by Cointelegraph. Whale Alert, a blockchain transaction tracking platform, said the 600 BTC came from rewards mined across 12 Bitcoin blocks and that its research found no connection to Nakamoto, the pseudonymous creator of Bitcoin. Read more

A Satoshi-era Bitcoin miner moved 2,650 BTC worth about $203 million to FalconX and Cumberland, while retaining 6,000 BTC. A Satoshi-era Bitcoin whale transferred 2,650 Bitcoin worth about $203 million to FalconX and Cumberland over-the-counter (OTC) trading desks, in an onchain move that may signal a planned sale or liquidity transaction from the long-dormant Bitcoin miner. The early Bitcoin (BTC) miner transferred the funds across two transactions of 1,000 BTC each and another 650 BTC transaction on Sunday, according to blockchain data platform Arkham. The address still holds another 6,000 BTC worth about $462 million, said blockchain data platform Onchain Lens in a Monday X post. Read more