A Bitcoin address dating back to 2010 has moved after 16 years of dormancy, according to Techub News, which cited CoinDesk. The address holds 50 BTC, with the stash currently valued at about $8.5 million. The report also said the coins were originally mined at a cost of only a few cents. The transfer stands out because it involves early-mined Bitcoin that had remained untouched for more than a decade. No other details were provided in the source about the owner of the address or the destination of the funds.
A Bitcoin address mined in 2010 has moved after 16 years of dormancy, according to Techub News, citing CoinDesk.
The address holds 50 BTC, currently worth about $8.5 million. The report added that the original mining cost for the coins was only a few cents.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
