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Two Dormant Bitcoin Wallets Send 100 BTC to One New Address

The wallets were linked to 2010 mining rewards and had been inactive for more than 16 years.

Updated 1 min read
A blockchain graphic depicts two dormant wallets converging on one newly used address. / EconoTimes.ai
A blockchain graphic depicts two dormant wallets converging on one newly used address. / EconoTimes.ai

Two dormant Bitcoin wallets linked to 2010 mining rewards sent 50 BTC each to one new address after more than 16 years without activity, longer than the dormancy periods before an earlier, larger transfer.

Each wallet sent 50 BTC. The associated rewards are dated Sept. 8 and Sept. 19, 2010, and the coins had a combined value of about $6 when mined.

The receiving address was new. The available transfer details do not establish an exchange deposit or a sale.

An earlier movement involving 416.6941 BTC was from wallets inactive for 12 and 13 years. That transfer involved more Bitcoin, while the wallets in the latest movement had been inactive longer.

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