Bitcoin miners from the Satoshi Nakamoto era transferred $5 million worth of BTC when the price was only 10 cents
A wallet containing 50 Bitcoins, mined about 15 years ago, suddenly became active and transferred tokens worth approximately $5 million. The initial value of these tokens was only $0.10 each. Bitcoin historian Pete Rizzo discovered and shared this wallet transaction using a screenshot from mempool.space. The movement of this wallet subsequently sparked discussions and concerns in the crypto community. Some observers speculated that it might be related to Ross Ulbricht, the founder of "Silk Road" who recently received a pardon. However, attributing old Bitcoin movements to any specific individual who has not voluntarily disclosed their wallet address is highly speculative.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise