Crypto news site CoinDesk reports:
An ancient Bitcoin wallet, dormant for 13 years, has just moved over $2.1 million worth of Bitcoin.
Crypto tracking entity Whale Alert noted that the address transferred 33.99 BTC to two separate wallets.
This marks the whale’s first legitimate transaction since June 18, 2011, when the same Bitcoin was worth just $584.
Transactions from long-dormant wallets often pique media interest, fueling speculation that Bitcoin could be owned by its secretive creator Satoshi Nakamoto.
Blockchain analysts estimate Nakamoto mined 1 million BTC, starting with a 50 BTC reward from the genesis block on January 3, 2009, concluding their involvement in mid-2011.
The last verifiable public sighting of Satoshi’s digital presence occurred in December 2010 on the BitcoinTalk forum, discussing software updates aimed at preventing denial-of-service attacks.
Whale Alert discovered this long-dormant wallet had received tiny amounts of Bitcoin over the past 13 years, seemingly from dust attacks.
Dust attacks involve hackers and scammers sending small amounts of cryptocurrency (dust) to numerous individual wallets, attempting to compromise the privacy of wallet holders.
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