Photo: Rafael Minguet Delgado / Pexels
100 Bitcoin mined in 2010 move for the first time in 16 years
A dormant address from Bitcoin's earliest mining days shifted 100.02 BTC, worth roughly $8.5 million, into two new wallets
A Bitcoin address that had not touched its original stash since July 30, 2010, moved 100.02 BTC on October 7, 2026. That ends a stretch of more than 16 years of silence.
When those coins first landed, the whole pile was worth about $6. At the time of the transfer, with Bitcoin trading near $82,500, the same coins were valued at roughly $8.5 million.
What actually moved
The coins came from mining rewards earned in July 2010. Galaxy Research flagged the transfer and traced the coins across the blockchain. CoinDesk confirmed that the funds were mined in July 2010.
The owner bundled the old unspent transaction outputs, known as UTXOs, with several smaller deposits the address had received later. The combined balance was then split into two fresh addresses. One received 10 BTC. The other received approximately 90.02 BTC.
Shortly after the transfer, both new addresses stayed untouched. None of the coins had been sent to an exchange or used for anything else.
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A wallet with a strange history
This address was not completely asleep for 16 years. It spent other coins in 2015, 2017, and 2018. Through all three of those episodes, the 2010 mining rewards sat in place.
No link to Satoshi Nakamoto has been established. Many people were mining in 2010, and the age of a coin says little about who earned it.
What this means
Galaxy Research’s tracking places this transfer within a wider pickup in activity from long-dormant Bitcoin during 2026. If either of the two new addresses sends coins to a known exchange deposit address, that would point toward a sale. If both stay quiet, this will likely end up as a security upgrade by a very patient early miner.