Sleeping $15.5 Million Woke Up

 

Another Mysterious String of 1,000 'Satoshi Era' Bitcoins Mined in 2010 Moved Today

On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block.

2020 has been a wild year and in the Bitcoin world, it’s been no different. This year a great number of decade-old bitcoin addresses often referred to as ‘sleeping bitcoins’ or ‘zombie coins’ have been spent. On October 14, news.Bitcoin.com reported on an old coinbase reward being spent after a string of 21 block rewards were spent on October 11.

After the October 14th spend, four more coinbase rewards from 2010 were spent days later. On October
17, 25, 29, and November 1, approximately 200 BTC from 2010 was transferred.