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Bitcoin Whales Break Silence After 15 Years with Surprising Moves

2025-07-31 12:16:24

Bitcoin Whales Break Silence After 15 Years with Surprising Moves

Main Idea

Five dormant Bitcoin miner wallets from 2010 moved 250 BTC to new SegWit addresses, highlighting the massive appreciation in value from their original block rewards, though the market impact of such movements remains limited.

Key Points

1. Five Bitcoin miner wallets, inactive since April 2010, transferred 250 BTC to new SegWit addresses on July 31, 2025.

2. The original 50 BTC block rewards were worth $0.15 in 2010 but now amount to $29.6 million.

3. SegWit addresses reduce error probability and enable enhanced features compared to legacy addresses.

4. Despite large supply movements from old wallets, market impact is limited due to liquidity pools absorbing the transactions.

5. Bitcoin's price is currently 4% below its all-time high of $122,838, driven by institutional demand.

Description

Five Bitcoin wallets moved 250 BTC after over 15 years of inactivity. The 2010 rewards, once $0.15, are now worth $29.6 million. Continue Reading: Bitcoin Whales Break Silence After 15 Years with Surprising Moves The post Bitcoin Whales Break Silence After 15 Years with Surprising Moves appeared first on COINTURK NEWS .

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