Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy

Last week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a … Read more

Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack

In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data … Read more

Close to $50 Million in Bitcoin From 2011 Moved for the First Time in 10.5 Years

On December 29, two addresses from 2011 containing 500 bitcoin each transferred 1,000 coins for the first time in 10.5 years. Furthermore, another wallet from 2011 woke up on Wednesday, moving 40 bitcoin for the first time in over a decade. 1,040 Bitcoin from 2011 Move for the First Time in 10.5 Years On Wednesday, … Read more

Mystery Bitcoin Whale from 2010 Disappears, Dormant Address from 2013 Sees Strange Activity

Toward the latter half of 2020 and during the first quarter of 2021, a mystery miner spent 200 block rewards from 2010 by transferring 10,000 bitcoin during the year. Since the whale’s last 1,000 bitcoin spend on March 23, the patterns of 20 decade-old strings of coinbase rewards are seemingly over. Meanwhile, only eight block … Read more