Starting in 2011, nearly $50 million in Bitcoin moved for the first time in 10.5 years – News Bitcoin News

Starting in 2011, nearly $50 million in Bitcoin moved for the first time in 10.5 years – News Bitcoin News

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On December 29, the two addresses in 2011 each contained 500 bitcoins, and each address transferred 1,000 coins for the first time in 10.5 years. In addition, another wallet from 2011 woke up on Wednesday and moved 40 bitcoins for the first time in more than a decade.

1,040 Bitcoin in 2011 moved for the first time in 10.5 years

Wednesday, one address Created at 11:22 PM (UTC) on July 10, 2011 with 500 Bitcoins (Bitcoin) Transferred Bitcoin This is the first time in 10.5 years. Another wallet, created on the same day in 2011, Dispersed another 500 BTC The value at the time of the transfer was more than 23 million U.S. dollars.

In addition, the wallet on August 12, 2011 contains 40 Bitcoin Valued at $1.8 million Transferred coins This is the first time in more than ten years. At the time of transfer, Bitcoin The transaction price per unit is USD 47,500, for a total of 1,040 Bitcoin Starting in 2011, more than 49 million U.S. dollars spent on Wednesday.

Starting in 2011, nearly $50 million in Bitcoin moved for the first time in 10.5 years
Three transactions from a wallet created in 2011 transferred 1,040 Bitcoins (Bitcoin) On December 29, 2021.

One person can assume 1,000 Bitcoin Originated from the same owner, because Bitcoin wallets were created on July 10, 2011. May be 40 Bitcoin May be the owner as 40 Bitcoin The wallet was created about a month later.

Except for the four transactions in 2011 this month, there were not many Bitcoin spending in December 2011.Two coinbase rewards spent December 1 and December 14. Ten Bitcoins (Bitcoin) From the wallet created in 2011 to December 11 And 20 Bitcoin From another wallet created in 2011, moved on the same day.

Researchers think exchanges may need old bitcoins

Send 500 bitcoin wallets Bitcoin Send funds “Medium” level of privacy Or get 65 points based on blockchair.com’s privacy tool. Four problems were discovered during the sending process because “we were able to link several indicators of similar address types involved in the transaction”, including “identified matching addresses.”

Bitquery.io data It shows that one of the transfers may have been bound to a known Coinbase address. Similarly, the privacy tools of blockchair.com gave another 500 Bitcoin trade Same level, And Bitquery.io data The flow of funds from this address is related to the known Coinbase address.

When 40 Bitcoin The transferred privacy is low and there is a Rank 45 According to the indicators of blockchair.com.Same as the first two Bitcoin Starting in 2011, outgoing transmissions are bound to matching addresses.

Starting in 2011, nearly $50 million in Bitcoin moved for the first time in 10.5 years
Bitquery.io statistics show that wallets with 40 bitcoins moved (Bitcoin) On December 29, 2021.

Bit query Statistical data Indicates that another known Coinbase address is related to the flow of funds from the wallet. 1,040 Bitcoin The currency sent on Wednesday has a similar pattern to many old coins transferred in 2021. Researchers from the Telegram channel”gfoundinsh*t“And the creator of Bitcoin parser Tell Bitcoin.com News that the exchange may need old coins.

The researcher said: “We (GFiS) have a theory about why some major exchanges might want to own old bitcoins.” “The existence of these old bitcoins may help purify the entire bitcoin pool that may already have a dark tone. Now, if they mix it with the white and shiny 2010-2011, it will help all of them pass various AML and risk analysis robots.”

Starting in 2011, nearly $50 million in Bitcoin moved for the first time in 10.5 years
Statistics from amlbot.com show the risk assessment of two old Bitcoin addresses that sent 1,000 Bitcoins Bitcoin.

Statistics from amlbot.com Indicates the address to send 500 Bitcoin A low-risk assessment was conducted.Funds from the address that sent 40 Bitcoin Derived from address Used to contain 31,723 Bitcoin And emptied its last coin on May 11, 2012, when it sent 101 Bitcoin.

This Transaction hash data Display 1,000 Bitcoin Send, it looks like funds from miners are sent as 10 addresses 50 Bitcoin To the wallet and 0.05437193 Bitcoin Fees paid. It is not certain whether these coins are sold on the open market or over-the-counter (OTC), because the owners of these old coins could have transferred them to addresses with fewer funds.

Tags in this story

1040 Bitcoin, 1040 Bitcoin, year 2011, 2011 Bitcoin, Bitcoin in 2011, Bitcoin, Bitcoin (BTC), Bit query, Seat, Bitcoin, Bitcoin transfer, Bitcoin parser, Coin Bank, Bitcoin ten years ago, comminicate, gfoundinsh*t, moved, Old bitcoin, Old school miner, On the chain, Detective on the chain, Researchers, Sleeping Bitcoin, spend, Transfer, Raw bitcoin

What do you think of the 1,040 bitcoins in 2011, the first move in 10.5 years on Wednesday? Please tell us your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is the head of news at Bitcoin.com News and a fintech reporter living in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles about destructive protocols emerging today for Bitcoin.com News.




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