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Satoshi‑Era 100 BTC Moved After 16 Years and Split Into Two New Addresses

The transfer could point to either a sale or a security or wallet‑management action depending on whether the coins are later sent to known exchange deposit addresses.

A statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, is displayed in Graphisoft Park on September 22, 2021 in Budapest, Hungary. The statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features, as Nakamoto's true identify remains unconfirmed. (Photo by Janos Kummer)
Photo: Rafael Minguet Delgado / Pexels
From zero to $8 million: satoshi era bitcoin awakens after 16 years

Overview

  • An address that received two mining rewards on July 30, 2010 moved 100.02 BTC on Wednesday, combining those long‑dormant outputs with several small later deposits.
  • Blockchain tracing by Galaxy Research and CoinDesk shows the funds came from two 2010 mining rewards of roughly 50 BTC each that had not been spent for more than 16 years.
  • The transaction split the balance into two fresh addresses, one receiving 10 BTC and the other about 90.02 BTC, and both new addresses remained inactive after the move.
  • None of the coins were sent to known exchange deposit addresses when reporters checked, so analysts say a later transfer to an exchange would indicate a likely sale while continued dormancy would point to a security or housekeeping action.
  • At current prices the moved coins are worth about $8.5 million and the move highlights how on‑chain provenance can track early miner UTXOs but cannot identify the wallet owner or their motives.