{"id":260312,"date":"2024-09-20T09:53:13","date_gmt":"2024-09-20T09:53:13","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/20\/satoshi-era-wallets-moved-16-million-worth-of-bitcoin\/"},"modified":"2025-06-25T17:11:13","modified_gmt":"2025-06-25T17:11:13","slug":"satoshi-era-wallets-moved-16-million-worth-of-bitcoin","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/09\/20\/satoshi-era-wallets-moved-16-million-worth-of-bitcoin\/","title":{"rendered":"Satoshi Era Wallets Moved $16 Million Worth of Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/.image\/c_fit%2Ch_800%2Cw_1200\/MjA2Nzg1MjU2Nzk0MTA1NjE5\/single-bitcoin.jpg\" \/><\/p>\n<p>Around 250 BTC from the early days of Bitcoin, known as the &#8220;Satoshi era,&#8221; were transferred on Friday in five separate transactions, each moving around 50 BTC to new wallets. The total value of the transfers was close to $16 million.<\/p>\n<div>\n<blockquote class=\"twitter-tweet\"><p>\n                        <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1837040022492467554\"><\/a>\n                    <\/p><\/blockquote><\/div>\n<p>The coins were originally mined in January 2009, just months after Bitcoin&#8217;s launch, and have lain dormant since. <a href=\"https:\/\/www.arkhamintelligence.com\/\">Arkham blockchain analysis<\/a> shows the wallets are not linked to Bitcoin&#8217;s pseudonymous creator, <a href=\"https:\/\/bitcoinmagazine.com\/tags\/satoshi-nakamoto\">Satoshi Nakamoto<\/a>.<\/p>\n<p>The original wallets that moved the coins are: 1CGT3Ywaa2upJfWtUtbXonDPNTfZPWqzmA, 1MBBJBFEaYKHFZAeV7hQ7DWdu3aZktjzFH, 13J8FkimCLQ2EnP1xRm7yHhpaZQa9H4p8E, 18E5d2wQdAfutcXgziHZR71izLRyjSzGSX, 1C4rE41Kox3jZbdJT9yatyh4H2fMxP8qmD<\/p>\n<p>The transfers likely belonged to an early <a href=\"https:\/\/bitcoinmagazine.com\/tags\/bitcoin-mining\">Bitcoin miner<\/a> who acquired the coins when BTC was practically worthless. After holding them for over 15 years, they are now valued at $16 million.<\/p>\n<p>This demonstrates the conviction of early believers who recognized Bitcoin&#8217;s potential value long before the recent meteoric price rises. The anonymous owner mined and held these coins when Bitcoin was a niche experiment, exhibiting remarkable faith.<\/p>\n<p>While the original owner remains a mystery, the transfers are among one of the largest amounts of &#8220;Satoshi era&#8221; Bitcoin ever moved. There has been no activity sending the coins to exchanges, indicating the owner may intend to continue holding them.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/business\/satoshi-era-wallets-moved-16-million-worth-of-bitcoin\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Around 250 BTC from the early days of Bitcoin, known as the &#8220;Satoshi era,&#8221; were transferred on Friday in five separate transactions, each moving<\/p>\n","protected":false},"author":1,"featured_media":260313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260312"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=260312"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/260312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/260313"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=260312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=260312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=260312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}