A wallet containing 50 bitcoins, mined about 15 years ago, suddenly became active, transferring about $5 million worth of tokens that were initially worth just $0.10 each.
Bitcoin historian Pete Rizzo discovered and shared the wallet transaction using a screenshot of the mempool.space. The movement of this wallet has since sparked discussion and concern in the crypto community. Some onlookers speculated that it may be related to Ross Ulbricht, the founder of the "Silk Road" who was recently pardoned.
However, attributing old bitcoin movements to any particular individual who did not voluntarily disclose their wallet address is highly speculative.
Satoshi Nakamoto-era bitcoin miner moved 5 million USD BTC when the price was just 10 cents
2025-02-04 17:51:09
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