Cryptocurrencies

    Awakening of Satoshi era Bitcoin triggers new interest

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    A significant block reward from the Satoshi era, dormant since 2010, was moved on December 7, 2023, following the emergence of a mega whale on December 4.

    This transaction, involving 50 BTC, is the 21st such block reward from 2010 to be activated in early December.

    Detected by btcparser.com, the original address, dating back to July 24, 2010, divided the bitcoins between two separate Pay-to-Script-Hash addresses.

    Despite the movement being smaller than the December 4 transaction, the current value of this 50 BTC transfer stands at $2.18 million, a stark contrast to its value of $15 in 2010.

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