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Saturday, October 17, 2020

10 YEARS SAVED, BITCOIN EQUALS $12 MILLION ACTIVE AGAIN!


 

The $12 Million fund in Bitcoin (BTC) is back on! This became a buzz because BTC was a coin mined in 2010, when Satoshi Nakamoto, the creator of the largest crypto currency, was still active.


According to blockchain data tracking bot BTCparser, as much as 1,050 BTC was disbursed on October 11 in 21 separate transactions, with a transaction value of 50 BTC each.




Search for Satoshi Nakamoto


Many of the world's companies are trying to track satoshi's first Bitcoin. They hope that by tracking bitcoin, they can conflate information to the person behind the pseudonym Name Satoshi Nakamoto. 
Blockchain analysts believe that btc's creators mined a total of one million Bitcoins. It started with an initial reward of 50 BTC for the genesis block in January 2009.

Long Saved, Satoshi Era Bitcoin Moved


A large number of BTC with wallet addresses that have been inactive for 11 years also started to be active. Further observation, one of the wallets also made in the same era received about 1,000 BTC.
According to data from Blockchain.com, wallets move worth 200 BTC on several other wallets. 
It was also hit with 50 Satoshi-era BTC which was moved last Sunday to a wallet containing other Bitcoins according to data from BitInfoCharts.

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