Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Based on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April 22, 2023, at 11:14 p.m. (UTC), when a miner spent 50 bitcoin that was valued at approximately $1.3 million. A historic moment occurred today, as a transfer of 400 bitcoin from 2011 took place, marking the first time in over a decade that these digital assets had been moved.
Rare Bitcoin Activity: 985 BTC from 2010 and 2011 Moved in 2023
Block rewards of antiquity from 2010 and 2011 have become increasingly scarce. Only three 2010 blocks were spent this year, along with several ancient bitcoins from 2011. On Jan. 26, 2023, a block reward of 50 BTC was spent at block height 773,723. Around ten bitcoins from 2011 were spent on Jan. 8, 2023, at block height 770,924.
Just before the 50 BTC spend,

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