{"id":14735,"date":"2024-06-27T09:53:54","date_gmt":"2024-06-27T06:53:54","guid":{"rendered":"https:\/\/forklog.com\/en\/satoshi-era-miner-transfers-50-btc-mined-14-years-ago-to-binance\/"},"modified":"2024-06-27T09:53:54","modified_gmt":"2024-06-27T06:53:54","slug":"satoshi-era-miner-transfers-50-btc-mined-14-years-ago-to-binance","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/satoshi-era-miner-transfers-50-btc-mined-14-years-ago-to-binance\/","title":{"rendered":"Satoshi-Era Miner Transfers 50 BTC Mined 14 Years Ago to Binance"},"content":{"rendered":"<p>A miner who extracted 50 BTC on July 14, 2010, has transferred them to Binance. The transaction was recorded by analysts at Lookonchain.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A miner wallet woke up after being dormant for 14 years and deposited 50 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>($3.05M) to <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> 7 hours ago.<\/p>\n<p>The miner earned 50 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> from mining on July 14, 2010.<\/p>\n<p>Address:<br \/>1PDTDwpgRPdQaCcp3Th6zaMASgcCcm3Jcm <a href=\"https:\/\/t.co\/toKmBfbUne\">pic.twitter.com\/toKmBfbUne<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1806155380172722295?ref_src=twsrc%5Etfw\">June 27, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The coins were mined in block #67,254 when they had no value. Today, they are valued at over $3 million.<\/p>\n<p>Transfers from wallets dating back to 2010 are extremely rare.<\/p>\n<p>In April, a miner who had extracted 50 BTC on April 23, 2010, <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-address-awakens-after-a-decade-moves-17-million\">moved<\/a> them to two new addresses for the first time in 14 years.\u00a0<\/p>\n<p>Earlier in March, an unknown individual sold 1,000 BTC mined in 2010, <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-whale-cashes-out-1000-btc-from-2010\">earning approximately $68 million<\/a>.<\/p>\n<p>Later, a group of 80 wallets <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-wallets-move-2353-btc-after-eight-years\">transferred 2,352.62 BTC<\/a> worth over $163 million. They had been inactive for eight years.<\/p>\n<p>That same month, an address &#8220;dormant&#8221; for nearly 12 years <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-address-awakens-after-12-years-moves-35-million\">sent all its 500 BTC<\/a> worth nearly $35 million.<\/p>\n<p>Back in January, analysts at CryptoQuant <a href=\"https:\/\/u1f987.com\/en\/news\/dormant-bitcoin-worth-2-1-billion-moves-after-five-years\">noted the movement<\/a> of 49,866 BTC that had been &#8220;dormant&#8221; for over five years.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A miner who extracted 50 BTC on July 14, 2010, has transferred them to Binance. The transaction was recorded by analysts at Lookonchain. A miner wallet woke up after being dormant for 14 years and deposited 50 $BTC($3.05M) to #Binance 7 hours ago. The miner earned 50 $BTC from mining on July 14, 2010. Address:1PDTDwpgRPdQaCcp3Th6zaMASgcCcm3Jcm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14734,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1137,1227],"class_list":["post-14735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-mining","tag-cryptocurrency-transactions"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=14735"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/14735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/14734"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=14735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=14735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=14735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}