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Satoshi-Era Bitcoin Worth $8.3 Million Moves After 16 Years

Top view of a laptop with Bitcoin coins and blocks spelling 'Bitcoin Mining' on a dark surface.
Illustrative photo.Photo by Leeloo The First on Pexels

What happened

The coins were split into 10 BTC and 90.02 BTC outputs sent to two new addresses, both unspent as of Thursday, and nothing onchain identifies the owner or shows a sale. A batch of 100.02 BTC mined in July 2010 moved Wednesday after 16 years.

It's worth about $8.3 million, but nothing in the transaction shows who owns it. Decrypt News Coins Satoshi-Era Bitcoin Worth $8.3 Million Moves After 16 Years A batch of 100.02 BTC mined in July 2010 moved Wednesday after 16 years.

In brief A batch of 100.02 BTC mined in July 2010 moved on October 7 for the first time in 16 years, worth about $8.3 million at roughly $83,000 per Bitcoin. The move follows a run of dormant-wallet activity, including six wallets that shifted 553.59 BTC between August 16 and 26.

A batch of 100.02 Bitcoin mined in July 2010, from a period commonly known as the Satoshi-era, moved on Wednesday for the first time in 16 years. At roughly $83,000 per coin, the stash was worth about $8.3 million when it left. Based on Bitbo’s highest registered price of BTC in 2010, the stash was worth around $29 when it was mined.

Sources & evidence