A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday

With bitcoin prices holding around the $21K per unit level, four bitcoin block rewards mined in 2010 were used for the first time in over 11 years.The four block rewards were 2010 They were mined between September and October 2010, and 200 bitcoins worth $4.27 million were transferred to an unknown wallet.

Four consecutive block rewards were spent on June 24, and data suggests that their consumption was performed by a single entity

With a block height of 742,183 and four block rewards spent, a large number of so-called “sleeping bitcoins” were awakened from their slumber. The old coins used on Friday were block rewards mined on September 15, 16, 26, and October 29, 2010. During that period, bitcoin miners received 50BTCper block. BTCfor each block found, as opposed to 6.25 per block. BTCas opposed to the 6.25BTCper block that miners get today.

The block reward moved came from four addresses, including “” 18cxWU,” “1BJmWW” ,” “1FVVcE” and “” is 1Hdo8D“. 2010 spending was caught by blockchain parserbtcparser.comand at all four addresses, the owners are relatedBitcoin Cash (BCH)andBitcoin v (BSV)because these coins are still idle.

blockchain searchers indicate that 200 virgin bitcoins were sent to a single address (bc1q92) and that coin remains idle at the time of writing. since the 2010 block reward was used consecutively in the same block. indicates that the block reward is likely owned by a single entity; the bitcoins mined in two months (September and October) in 2010 also suggest that this spending was performed by a single entity.

The address appears to have been swept, and the transaction has a very low privacy rating for various reasons; according to Blockchair.com’s privacy-o-meter, the final integration into bc1q92 has aPrivacy score ofwas 0 out of 100, indicating that The transaction contained vulnerabilities such as address matching, co-spending, and the same address being used for multiple inputs.

There have not been many strings of 2010 block reward expenditures since the 2010 mega-whale appeared a few months ago in March. 2010 mega-whales typically consumed strings of 20 block rewards for the year at once. 2010’s four block grant strings Address “” was used a week before the string was used; 1Li8RF” spent 50 virgin bitcoins; “” spent 1LNqDK” spent 50 BTCfrom 2010 about a month ago; “1LNqDK” spent 50 ” spent 50 BTCfrom 2010 about a month ago.

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