Two Bitcoin addresses that have been inactive since April 2010 conducted a transaction totaling 100 BTC. These events have attracted attention from the cryptocurrency community due to their historical significance.
History of Bitcoin Addresses
Both addresses were active during Satoshi Nakamoto's working period, receiving 50 BTC each in 2010. They have activated after 15.3 years of dormancy.
Financial Details of the Transaction
The current value of 100 BTC is over $11.8 million, reflecting a recent price increase of Bitcoin to $118,707, with earlier prices of $0.003 and $0.00547.
Market Impact and Long-term Outlook
The transfer of long-dormant bitcoins can influence market sentiments. This event underscores Bitcoin’s longevity as an asset class.
The transaction from the reactivated Bitcoin addresses demonstrates how forgotten assets can suddenly emerge in the market, highlighting the resilience and long-term prospects of cryptocurrencies.
