Bitcoin’s USD value has dropped nearly 9% in the last week, falling from $44,239 per unit two days ago to below the $40K range on Friday. Meanwhile, after more than a decade of dormancy, two sleeping bitcoin block rewards from 2010 awoke in the last 24 hours. The first 100 bitcoins were sent with little regard for privacy and were worth more than $4 million at the time of transfer.
Blockchain Parsers Capture 2 Block Rewards From 2010 Transfer 100 Bitcoin
Two bitcoin (BTC) block subsidies from 2010 were caught by blockchain parsers in the last 24 hours, after the addresses transferred 100 bitcoin. BTC was trading for around $40K per unit at the time of the transfers.
The first transaction detected by btcparser.com was a 50 BTC coinbase reward issued on July 14, 2010, which was over 11 years ago. The transaction was confirmed at block height 723,812 and transferred to an empty address, which now holds 49.99000615 BTC. On February 17, 2022, at 10:01 p.m., btcparser.com parsed the transfer (UTC).
The first transaction received a privacy score of 0, which is a “critical” privacy rating, according to blockchair.com metrics. According to Blockchair.com, “four vulnerabilities for the privacy involved in this address were discovered.” In the BTC transaction, for example, “matched addresses” were discovered.
On February 18, 2022, at 2:00 p.m., btcparser.com also caught the next block reward worth 50 BTC (UTC). The privacy on this particular transfer was slightly higher, as it received a 45 on Blockchair.com’s privacy metre. “Three vulnerabilities for the privacy involved in this address were discovered,” including “matched addresses.”
Both BTC block subsidies for 50 bitcoin per reward were issued within two days of one another. While the first transaction was spent on Thursday, July 14, 2010, the transfer on Friday was a block reward minted two days later, on July 16, 2010.