Two ancient Bitcoin (BTC) addresses are active again after a period of dormancy that started when Satoshi Nakamoto, the eponymous creator of the crypto king, was still publicly involved in the development of the flagship digital asset.
According to the blockchain tracker Whale Alert, the two addresses that were previously active in April of 2010 have now transferred a total of slightly over $11.8 million in Bitcoin.
The relatively older address among the two initially received 50 Bitcoin on April 18th of 2010, when BTC was trading at $0.00547. With Bitcoin trading at $118,707 at the time of the recent transfer, the address is sitting on an increase of over 2.17 billion percent.
The relatively newer address received a similar amount of Bitcoin on April 26th of 2010. At the time, Bitcoin was trading at $0.003, translating to an increase of approximately 3.957 billion percent at the time of the transfer.
On the two early Bitcoin addresses, Whale Alert further says,
“According to our research the two 50 BTC dormant address transactions earlier today were mined at the end of the period during which Satoshi [Nakamoto] was active (until around block 54,316). However, it is very unlikely the blocks were mined by Satoshi.”
The last publicly verifiable digital sighting of Satoshi was in December of 2010, when he provided an update on his progress in enhancing Bitcoin’s security against denial-of-service (DoS) attacks.
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