CandleFocus

A Detailed Analysis of Ancient 2009 Bitcoin Wallet Spending Since 2015

On September 20, 2024, five dormant bitcoin wallets from 2009 suddenly became active, marking a rare sight of 2009-mined bitcoins being transferred. These wallets held bitcoin linked to blocks from 2009, and each stash of 50 BTC still resides in new wallets, minus the small onchain fee required to send the funds. The movement of these early bitcoins caught attention because blocks from 2009 represent rewards from the network's earliest days and have not been moved in over a decade. While there is no direct link to Satoshi Nakamoto, the timing of these transactions hints at a purposeful, symbolic gesture by their owners, sparking curiosity in the crypto community and blockchain analysts.

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