'Satoshi Era' Wallets Move $16M in Bitcoin After 15 Years of Dormancy

Hundreds of bitcoin (BTC) acquired by mining during the network’s early stages were moved on Friday – joining the rare instances where bitcoin from the so-called “Satoshi era” have been active. Satoshi era refers commonly to the period when bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active on online forums from late 2009 to 2011. Over 250 BTC from that period, worth nearly $16 million at current prices, were moved within an hour during the European morning hours, on-chain tracker Whale Alerts flagged on X. Blockchain data shows these bitcoins were received as a block reward in 2009, just months after the network started.

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