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$64,564.00
5.76%$3,099.43
4.46%$6.79
3.99%$559.60
2.97%$145.08
11.00%$1.005
0.43%$3,099.20
4.45%$0.501072
2.13%$6.99
18.71%$0.154252
6.72%$0.458976
3.92%$0.00002277
4.73%$35.48
5.78%$62,810.00
2.80%$0.108634
-0.44%$483.52
4.15%$13.75
5.85%$0.675539
2.44%$13.34
12.63%$5.80
7.90%$81.49
2.80%$7.50
8.59%$5.86
0.31%$9.56
6.79%$26.29
4.42%$1.16
4.50%$1.009
0.73%$2.47
9.31%$55.39
1.61%$6.10
5.34%$0.123152
2.85%$8.31
3.82%$0.111609
4.79%$3,118.03
4.13%$467.12
5.32%$7.98
5.82%$1.15
3.01%$2.08
11.24%$0.08368
7.17%$0.04067743
8.95%$3,021.66
-3.46%$0.118932
2.27%$2.72
15.72%$28.05
11.00%$0.259154
8.84%$1.003
0.15%$2.23
4.24%$3,192.91
3.87%$0.00000521
9.52%$2.08
7.84%$117.26
1.48%$2.08
5.72%$0.714546
10.69%$11.00
15.64%$2.03
6.89%$2.01
-0.62%$0.04643781
15.78%$1.26
-2.16%$3,378.18
3.07%$5.02
13.59%$25.88
8.90%$1.26
1.86%$108.65
7.59%$3,170.15
4.32%$0.540748
10.39%$0.175977
6.29%$0.0270198
5.40%$1.049
13.67%$19.53
18.21%$0.00014087
7.64%$9.39
1.85%$0.945904
10.71%$0.887539
5.68%$67.18
4.74%$87.09
4.79%$0.03190336
1.18%$0.00000126
2.45%$3,052.75
2.74%$2.29
9.11%$0.795604
4.67%$0.02184119
-11.86%$13.80
2.18%$41.22
4.61%$0.859705
8.22%$1.11
-1.71%$0.594094
8.95%$7.11
3.36%$0.00005096
5.11%$0.444254
4.80%$3.15
2.96%$0.00001494
8.52%$0.981586
5.40%$0.108674
-1.15%$2.92
6.96%$4.95
4.79%$0.614513
9.24%$43.76
5.58%$6.84
2.78%$1.25
4.21%$0.232127
2.94%$15.88
2.70%$0.01857834
6.31%$0.02049268
3.20%$0.775778
7.42%$342.65
5.80%$3.79
0.79%$0.801613
6.01%$171.21
10.43%$8.44
3.83%$0.439531
4.69%$1.26
6.19%$1.22
6.65%$3,101.42
3.70%$0.677518
6.76%$0.226974
6.48%$0.989002
1.16%$12.53
5.68%$2.29
9.02%$2.81
5.04%$18.43
4.57%$3,052.68
2.77%$0.188319
6.46%$0.623866
0.13%$1.21
1.51%$1.63
5.43%$4.10
1.90%$0.098219
10.12%$3,234.24
3.78%$1.001
0.25%$170.85
10.16%$35.51
3.64%$0.397253
7.83%$3.73
5.98%$0.909608
0.99%$93.91
8.63%$0.733449
10.45%$0.00010148
4.19%$0.00172555
1.46%$2,389.47
0.37%$5.99
1.13%$3,284.85
4.11%$0.04068094
10.70%$0.101105
5.14%$0.086244
5.08%$0.00000027
7.07%$1.80
1.23%$0.052685
2.99%$0.293577
6.82%$0.06336
7.42%$0.876482
6.87%$5.32
-0.19%$0.441045
4.35%$1.019
1.84%$1.45
1.20%$0.054998
8.70%$0.00578562
17.60%$0.00912281
3.66%$3,325.17
3.63%$0.424239
11.86%$0.33523
6.03%$0.092226
3.18%$0.381334
6.06%$0.450285
8.77%$0.238963
4.90%$1.11
10.09%$1.85
5.06%$1.021
10.12%$0.0463105
10.46%$0.02494062
8.51%$0.65603
20.54%$0.00000045
0.18%$2,411.16
0.47%$4.22
16.62%$0.521641
9.28%$0.02620495
7.55%$13.79
4.87%$0.809364
5.77%$21.14
7.12%$0.615972
5.47%$3.91
8.70%$13.16
14.58%$0.575525
4.70%$0.030531
8.68%$3.60
5.72%$0.00232277
8.73%$0.00730836
2.19%$1.56
8.83%$1,261.20
1.57%$3.43
25.73%$0.00699232
2.26%$5.04
5.23%$0.520736
5.30%$0.831742
7.86%$49.14
5.27%$3,150.85
3.47%$55.07
6.28%$0.03104008
30.28%$0.25052
7.39%$0.758971
7.78%$5.65
15.25%$0.03095302
4.81%$0.370286
7.46%$3.50
2.37%$0.909411
2.51%$1.74
14.67%$0.390963
39.65%$61.71
9.44%$29.51
7.05%$22.42
7.94%$3.47
7.39%$61.76
3.58%$0.03657827
6.78%$3.96
15.02%$20.67
4.16%$0.03375995
5.84%$8.11
3.80%$0.930178
6.79%$0.257574
5.67%$0.414921
7.33%$0.726786
3.86%$0.113423
8.95%$30.23
3.34%$3.43
7.10%$0.00601104
6.46%$1.25
7.51%$0.03233918
3.23%$31.63
5.76%$29.68
5.69%$0.879633
9.70%$0.759756
7.27%$2.39
8.68%$0.311789
6.54%$0.2674
-2.06%$39.93
4.85%$0.00346189
5.67%$3.64
3.81%$0.689847
56.96%$36.50
5.92%$0.382832
13.90%$0.00000034
5.86%$0.02092278
9.46%$24.17
4.45%$0.287568
8.46%$14.23
0.60%$24.48
4.12%$2.52
-0.53%$1.74
23.93%$0.310045
4.80%Someone moved over $11 million worth of Bitcoin that has sat idle in wallets since it was mined in 2010.
The 1,000 Bitcoin—today worth $11,425,000—moved to one address. The move was flagged by Kirill K, a professional cryptocurrency trader, on LinkedIn.
The Bitcoin was mined back in September 2010, when Bitcoin was less than two years old and worth less than 10 cents per coin. Back then, the cryptocurrency was virtually unheard of and very cheap to mine—all the Bitcoin moved today was worth less than $100 in 2010.
The mysterious holder of the “Satoshi era” coins would make an insane lottery-like profit if they sold the coins today.
“Satoshi era” Bitcoin refers to coins mined when Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was still communicating with the crypto world. Nobody's heard from Nakamoto since 2010 and his identity is still a complete mystery. Some believe—perhaps falsely—that whoever moved the coins must have been part of Nakamoto's inner circle.
But why would someone move this Bitcoin now? Head of quant strategy at crypto firm Ikigai Asset Management, Hans Hauge, wrote on LinkedIn that “old miners have to be careful about how they move so as to not spook the market.”
But he added that $11 million wouldn’t really “move the needle much in either direction” when billions of Bitcoin shuffle around wallets each day.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.