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IPFS News Link • Bitcoin

A String of 200 'Sleeping Bitcoins' From 2010 Worth $4.27 Million Moved on Friday

• https://news.bitcoin.com, by Jamie Redman

The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet.

4 Consecutive Block Rewards Spent on June 24, Data Suggests Spends Were Executed by a Single Entity
A large number of so-called 'sleeping bitcoins' have awoken from slumber as four block rewards were spent at block height 742,183. The old coins spent on Friday were block rewards mined on September 15, 16, 26, and October 29, 2010. During that time frame, bitcoin miners received 50 BTC for every block found in contrast to the 6.25 BTC per block reward miners get today.

The block rewards moved came from four addresses that include "18cxWU," "1BJmWW," "1FVVcE," and "1Hdo8D." The 2010 spends were caught by the blockchain parser btcparser.com and in all four addresses, the owner did not spend the associated bitcoin cash (BCH) and bitcoinsv (BSV) as those coins still remain idle.


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