50 Bitcoins ($3.3 million) Moved After 14 Years
Today, an amount of 50 BTC that had remained untouched for almost 14 years was moved, indicating a potential start of trading or consolidation by the miner.
BTC Mined in April 2010
The BTCs were mined in April 2010 when the mining reward for each block was 50 BTC. The wallet had seen minimal activity over the years, receiving only small amounts of bitcoin in 2020. However, earlier today, a transaction was made moving 17 BTC ($1.1 million) to one wallet and 33 BTC ($2.2 million) to another.
Old BTCs on the Move
This recent movement of old BTCs follows a trend in the crypto space. In March, significant amounts of bitcoins were moved from long-dormant wallets, indicating potential trading or consolidation strategies by early miners.
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