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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: MRM on October 13, 2020, 02:57:05 PM

Title: $11 Million Worth of Satoshi-era Bitcoin Just Moved
Post by: MRM on October 13, 2020, 02:57:05 PM
$11.4 million dollars worth of Bitcoin from 2010 just moved. Why? Someone moved over $11 million worth of Bitcoin that has sat idle in wallets since it was mined in 2010.

The 1,000 Bitcoin—today worth $11,425,000—moved to one address. The move was flagged by Kirill K, a professional cryptocurrency trader, on LinkedIn.

The Bitcoin was mined back in September 2010, when Bitcoin was less than two years old and worth less than 10 cents per coin. Back then, the cryptocurrency was virtually unheard of and very cheap to mine—all the Bitcoin moved today was worth less than $100 in 2010.
Source: https://decrypt.co/44605/millions-of-dollars-worth-of-satoshi-era-bitcoin-just-moved