10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Sato...
On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today’s exchange rates. **Update: At approximately 3:10 p.m. (EST) at block height 663,241 another 2010 block reward was spent, making it an aggregate total of 21 decade-old block rewards on December 27, 2020. Most strings of 2010 spent blocks this year have been....
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On November 1, at block height 707,639, a blockchain parser caught two bitcoin whale transfers that moved approximately 19,876 bitcoin worth $1.2 billion in the mix of 2,819 transactions. Interestingly, the owner used a similar splitting mechanism the old school mining whale blockchain parsers caught, spending strings of 20 block rewards throughout 2020 and 2021. Bitcoin Whale Watching Bitcoin whales are mysterious animals because in a blockchain world of pseudonymity we only see them when they move. Last year and this year as well, Bitcoin.com News has hunted a specific whale entity that....
On February 25, onchain analysts noticed two 2010 block rewards that were transferred after sitting dormant for over a decade. A lot of old blocks have been spent in 2021, and after the large strings of 2010 block rewards spent on January 3rd and 10th, another massive string of 20 block rewards from 2010 were moved on the 25th. In addition to these old bitcoin moves, block rewards from 2011 have started to wake in great numbers as well. 80 Block Rewards from 2010 Spent This Year, 4,000 Bitcoin Worth $188 Million For a good portion of 2020 and into 2021, news.Bitcoin.com and a small group....
Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until January 21. On Friday, an 11-year-old block reward originally mined on November 22, 2010, was transferred for the first time since being idle for more than a decade. Block 93,276: The First 2010 Block Transferred in 2022 The first recorded 2010 block subsidy reward has been transferred on Friday, after close to two months of zero 2010 block reward spending. The block reward of 50 BTC was worth roughly $1.8 million....
On Tuesday, March 23, the infamous whale that’s been spending numerous strings of 2010 block rewards since last year, has spent another 1,000 bitcoin that sat idle for over a decade. The string of 20 block rewards transferred on Tuesday, follows the exact same patterns our newsdesk has tracked since March 12, 2020, otherwise known as ‘Black Thursday.’ Mystery Whale Spends Another 20 Block Rewards from 2010 On February 28, 2021, the mysterious whale who has been spending a great number of 2010 block rewards for roughly a year, had once again spent another 20 blocks. 23....
Two days ago on November 10, a mystery whale transferred 20 block rewards from 2010, which saw the movement of 1,000 decade-old bitcoins worth $68 million at the time of transfer. Two days later on November 12, the miner from 2010 returned once again, in order to transfer another string of 20 block rewards from 2010 worth roughly $64 million at the time it was sent.
After Transferring 1,000 Bitcoins 2 Days Ago, the Mega-Whale From 2010 Has Returned Again
Last year, Bitcoin.com News, the members of the Telegram research group GFIS, and the creator of Btcparser.com discovered an....