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Dormant Satoshi-Era Bitcoin Wallet Moves 100 BTC Worth $8.5 Million After 16 Years

A dormant Bitcoin wallet transferred roughly 100.02 BTC on October 7, 2026, marking the first movement of the tokens in over 16 years. Originally mined as block rewards in July 2010 when the stash was worth about $6, the holdings have appreciated to between $8.1 million and $8.5 million. On-chain data flagged by Galaxy Research revealed the funds were split between two newly generated addresses holding 10 BTC and approximately 90 BTC. The coins currently remain unspent, with no tokens sent to exchanges, suggesting internal wallet reorganization rather than immediate liquidation.

Category

Bitcoin

Sentiment

Neutral

Event

Crypto native

Reading time

1 min