Category: Lost Coins

10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Satoshi Era’ Bitcoins from 2010 Spent Today

10-Year-Old Block Rewards Wake Up: Data Parsers Catch a String of 1,000 ‘Satoshi Era’ Bitcoins from 2010 Spent Today

On December 27, at around 2 a.m. in the morning (EST), another large string of decade-old sleeping bitcoins was transferred. The miner spent 20 block rewards that were originally mined in 2010, and also spent the corresponding bitcoin cash block rewards as well. The bitcoins moved are worth well over $27 million using today’s exchange […]

Continue Reading

Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years

Bitcoin Addresses Holding $1 Million Goes ‘Parabolic,’ 10% of BTC Supply Sits Idle for 10 Years

While bitcoin trades above the $20k handle, onchain data shows that the number of bitcoin addresses holding at least $1 million has climbed substantially increasing by more than 150%. Moreover, Glassnode’s statistics indicate that roughly 1.85 million bitcoin hasn’t moved in over a decade. At the time of publication, bitcoin (BTC) is hovering just below […]

Continue Reading

The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing

The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing

The original Silk Road marketplace has been shut down for well over seven years now and to this day, 444,000 bitcoin worth $4.8 billion is still missing. Just recently, a report focused on those funds discusses one of the market’s biggest mysteries and how people have seemingly forgotten about this massive stash.A number of people […]

Continue Reading