‘Satoshi-Era’ Bitcoin Worth $43M Moves After A Decade Of Dormancy
Over a thousand Bitcoins (CRYPTO: BTC) from the “Satoshi era†changed hands earlier this week. What happened: The “Satoshi era†refers to the period during which Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active, approximately from 2009 to 2011. In this context, “Satoshi era†bitcoins have been mined and unmoved since that early stage of the Bitcoin network. CryptoQuant, an on-chain analytics firm, confirmed to CoinDesk that 1,000 bitcoins, long dormant since their last movement in 2010, were suddenly relocated to trading platforms and custody solutions. The total cost of mining the…