Early Bitcoin wallets move 100 BTC after 16.5 years, following 600 BTC transfer

  • Two early Bitcoin wallets moved 100 BTC mined in March 2010 after about 16.5 years of inactivity.
  • A miner moved 600 BTC from 12 dormant March 2010 block rewards on Sept. 5, with the coins valued at about $48 million.
  • Seven addresses tied to early miners moved another 350 BTC on Sept. 6, while the identified transfers went to new rather than known exchange wallets.

Two Bitcoin wallets holding a combined 100 BTC mined on March 2, 2010 moved to new addresses on Sept. 6 after about 16.5 years of inactivity, according to on-chain analysis. The coins were valued at roughly $8 million, or about 1.25 billion yen at 156 yen per dollar. The movement followed a Sept. 5 transfer of 600 BTC from 12 dormant March 2010 coinbase rewards and coincided with seven early-miner addresses moving another 350 BTC. None of the identified transfers reached known exchange deposit addresses, and wallet movements alone do not establish an intention to sell. A separate limited report described the 100 BTC movement as unconfirmed and provided no destination details.

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