The BTCMiner of the Satoshi era transferred 5 million USD BTC, when the price was only 10 cents

2025-02-04 17:54:47

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Golden Finance reported that a Wallet containing 50 BTC, mined about 15 years ago, suddenly became active and transferred Tokens worth about $5 million, while the initial value of these Tokens was only $0.10 each. BTC historian Pete Rizzo discovered and shared this Wallet transaction using a screenshot from mempool.space. The subsequent movements of this Wallet have sparked discussions and concerns within the crypto community. Some onlookers speculate that this may be related to Ross Ulbricht, the recently pardoned founder of the ‘Silk Road’. However, attributing the movement of old Bitcoin to any specific individual who has not voluntarily disclosed their Wallet address is highly speculative.

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