About 59 Bitcoin From 2010 Mining Rewards Move Again After 16 Years

About 59 Bitcoin (BTC) consolidated from two wallets dormant for more than 16 years moved again Friday, after the wallets transferred 100 BTC in 2010 mining rewards.

The 59 BTC movement took place around 1 p.m. ET Friday (18:00 UTC), following the initial transfer of 100 BTC Thursday night.

The wallets sent 50 BTC each at about 11:08 p.m. and 11:10 p.m. ET Thursday (04:08 and 04:10 UTC Friday). About 40 minutes later, roughly 20 BTC from one group of new addresses and 39 BTC from another were combined in a single transaction. The remaining coins stayed in new addresses.

The rewards were dated Sept. 8 and Sept. 19, 2010. All 100 BTC were worth about $6 when mined and were estimated at about $6.89 million at the time of transfer.

Combining funds from multiple addresses in one transaction requires control of the associated private keys, suggesting the wallets may have had the same owner. The owner’s identity and reason for moving the coins have not been publicly disclosed. The transfers alone do not establish that any BTC were sold.