Dormant Bitcoin Mining Address Group Awakens After Nearly 16 Years, Containing 250 BTC
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September 20, 2024
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On September 21st, Arkham Intelligence monitored the transfer of 15.95 million USD worth of Bitcoin (250 BTC) from addresses active in the first month of Bitcoin's existence (January 2009).
Each address received 50 BTC for mining one of the following blocks: 2247, 2401, 2455, 2486, and 2690. This Bitcoin, held by these addresses, had been dormant for nearly 16 years.
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