Dormant Bitcoin Miner Wallets Move $29.6M After 15 Years
Five Bitcoin miner wallets from 2010 just moved 250 BTC ($29.6M), marking their first activity in over 15 years.
- 5 miner wallets moved 250 BTC after 15 years of dormancy
- Each wallet earned 50 BTC from mining in April 2010
- Total transfer valued at $29.6 million today
Dormant Bitcoin Wallets From 2010 Suddenly Reactivate
In a rare and historic blockchain event, five Bitcoin miner wallets that had been dormant for more than 15 years have suddenly become active—transferring a total of 250 BTC, worth approximately $29.6 million, just one hour ago.
These wallets were initially funded with 50 BTC each on April 26, 2010, when Bitcoin was still trading for pennies and long before any exchange listings or major public attention. At the time, mining rewards were 50 BTC per block, and mining could be done using basic CPUs.
The wallets involved:
1NuqAKeX6JzW372QfEe7eFkewFx21fnqd312EWRT19v2eAvWjGDWjodCe7NP1CzmFphT1497JAU931jEi2NaQZ7dbtrjGgKBGhkiUV1A1z7aMZb3sC8RSwMYjnvPA5417Vj8wmwk13giEgKhu5K69vHKgehdmNuRMnmuw3oEyn
These transfers immediately caught the attention of blockchain analysts and crypto watchers due to the sheer age and origin of the wallets.
Why This Movement Matters
Dormant Bitcoin wallets, especially those from the Satoshi-era, rarely see any activity. Their movement often sparks speculation:
- Is the original owner still around?
- Are these coins being sold, or moved for security?
- Could this be related to institutional consolidation or estate claims?
While there’s no indication yet that these coins were moved to exchanges, analysts will be closely monitoring follow-up transactions to determine whether they may be headed for liquidation or custody.
This isn’t the first time early wallets have moved in recent years, but the size and coordinated timing of this event make it notable.
A Signal of More Awakening Wallets?
As Bitcoin’s price remains strong, more early miners may be tempted to unlock their long-lost fortunes. Whether this move was motivated by profit-taking, inheritance management, or improved wallet accessibility, it shows that Bitcoin’s earliest adopters are still watching the market.
The movement also reminds the industry just how far Bitcoin has come—from 50 BTC block rewards worth a few dollars to multimillion-dollar transfers on-chain.
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