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600 BTC mined in 2010 moved after 16 years, worth $48M, no link to Bitcoin creator found

Market News
07 Sep 2026
Blockonomi
View Source
Neutral
600 BTC mined in 2010 moved after 16 years, worth $48M, no link to Bitcoin creator found

A total of 600 Bitcoin, mined in March 2010 and dormant for over 16 years, were transferred recently, valued at about $48 million today. These coins originated from early mining rewards of 50 BTC per block, but blockchain analysis by Whale Alert confirmed no connection to Bitcoin's creator, Satoshi Nakamoto. The transfers began with a single coin as a test transaction, indicating careful handling rather than a sudden sell-off. The identity behind these wallets remains unknown, and it is unclear if more dormant wallets will move in the future.

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