Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million
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A dormant batch of 100.02 bitcoin mined in July 2010 moved on Wednesday after more than 16 years. The coins were worth about $6 when they were first received and were valued at roughly $8.5 million in one report and about $8.3 million in another.
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What it means
People watching old Bitcoin holdings will notice that a large Satoshi-era batch moved after staying dormant for years. That includes market participants, blockchain trackers, and anyone following early-mined coins, because the transfer is now visible on-chain and the coins are no longer sitting still.
Before this transfer, the coins remained at the same address for years; now there is a confirmed move tied to those July 2010 outputs. What did not change is that the transaction itself does not identify the owner, so the chain record shows movement but not control.
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Coverage timeline
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