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Project update
Two Bitcoin wallets dormant for 16 years move 100 BTC worth $6.9M

Two Bitcoin wallets dormant for 16 years move 100 BTC worth $6.9M

Two addresses dating to 2010, each holding 50 BTC from the original block reward era, woke up within minutes of each other on November 13 after 16.2 years of inactivity.


The two sends landed just over two minutes apart, and a later transaction combined coins from both transfers into a single address. Whale Alert valued each 50 BTC holding at about $3.44M at the moment of activation.



When the coins were mined, the full 100 BTC was worth roughly $6. Today it is worth about $6.9M.


The owner has not been identified. The move follows a month of other early-era coins returning to activity, including larger reactivations in October.