On January 10, another strange string of 20 bitcoin block rewards from 2010 was spent after sitting idle for over ten years. The spending of 1,000 decade-old bitcoins worth over $39 million today, follows the recent string of 1,000 units transferred on the 12th anniversary of Bitcoin’s genesis block launch.
Seven days ago an old-school miner spent 20 block rewards from 2010 that held approximately 1,000 decade-old bitcoins. The interesting spending took place on January 3, 2021, on the 12th anniversary of the Bitcoin network’s start.
Following that string of 2010 block rewards moved, on Friday, January 8, a block created on June 21, 2010, was spent at block height 665,055 and was likely a different entity than the mysterious miner news.Bitcoin.com has been following since March 2020. However, two days later after the single block spend, it seems the mystery miner has appeared once again spending a massive 1,000 decade-old bitcoins that sat idle for ten years.
On Sunday, precisely one week later at 1:08 a.m. (EST), 20 block rewards were transferred to this shortened address “3Fwhd.” News.Bitcoin.com leveraged the onchain blockchain parser Btcparser.com, which once again caught the ‘sleeping bitcoin’s’ movements on Sunday morning. The consolidation address that once held 999.999 BTC or over $39 million using today’s exchange rates, shows the coins were then sent to multiple addresses.
Just like the previous string of 2010 block rewards transferred on Bitcoin’s 12th anniversary, the coins were split into fractions of 10 BTC per address. At press time, the bitcoin addresses that hold 10 BTC worth roughly $395k each remain unmoved and sit idle. It is likely that during the course of today, similar to the prior strings of 2010 spends, the 10 BTC addresses will also be drained as well.