CoinDesk
A 100.02 BTC holding mined in July 2010 moved Wednesday after more than 16 years untouched. The coins were worth about $6 when received and are now valued at roughly $8.5 million. The transaction sent 10 BTC to one address and about 90.02 BTC to another.
The coins trace to two mining rewards from Bitcoin’s early “Satoshi era,” but their age does not establish any connection to Bitcoin’s pseudonymous creator. The address had spent other bitcoin between 2011 and 2018, while this specific 100.02 BTC remained unspent.
A transfer shows the holder can access the coins, not that they were sold. Both resulting holdings remained unspent when checked Thursday morning, and public records do not reveal who controls them or what they plan to do.
Frequently asked questions
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How much were the 100.02 BTC worth when they were mined?
Bitcoin traded around 6 cents when the address received the coins in July 2010, putting their value at approximately $6.
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Does the coins’ age link them to Satoshi Nakamoto?
No. The coins date to the period when Satoshi Nakamoto was active, but their age does not establish a connection to Bitcoin’s pseudonymous creator.
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How was the 100.02 BTC divided in the transaction?
The transaction sent 10 BTC to one address and about 90.02 BTC to another.
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Does the movement mean the holder sold the bitcoin?
No sale is established by the transaction records. Both resulting holdings remained unspent when checked Thursday morning.
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Why had the address seemed active before this transfer?
The address spent other bitcoin between 2011 and 2018, but Bitcoin tracks payments separately. Those earlier spends did not move this specific 100.02 BTC holding.
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