RATE Group | Blast From Bitcoin Past: Is Someone Close to Satoshi Moving 50 BTC From 2009?
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Blast From Bitcoin Past: Is Someone Close to Satoshi Moving 50 BTC From 2009?

20 May Blast From Bitcoin Past: Is Someone Close to Satoshi Moving 50 BTC From 2009?

Posted at 15:29h in Bitcoin News by

The cryptocurrency community was just abuzz by breaking news that blockchain data has revealed that Bitcoin mined in February 2009 was just moved. The sum of BTC was among the first-ever cryptocurrency to ever be mined, dating back to just one month after the Bitcoin block was mined.

What exactly does this mean? Why is this individual moving their Bitcoin now?

Blockchain Data Shows 50 BTC Mined in 2009 Is Suddenly On The Move

Data from Glassnode has revealed a UTXO older than a decade was just spent on-chain. What this means, in easy to breakdown terms, is that some of the earliest mined Bitcoin is now on the move. But who is moving it and why has the crypto community set ablaze with speculation.

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Some speculate that it is Satoshi Nakamoto themselves, or someone close to Satoshi who was involved in the project early on.

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