BitcoinWorld Two 2010 Bitcoin Wallets Move $6.9M After 16 Years Dormant Two Bitcoin addresses that had not spent their coins since September 2010 moved 50 BTC each on Friday, November 13, 202
BitcoinWorld
Two 2010 Bitcoin Wallets Move $6.9M After 16 Years Dormant
Two Bitcoin addresses that had not spent their coins since September 2010 moved 50 BTC each on Friday, November 13, 2026, worth roughly $6.9 million combined, according to Decrypt. Whale Alert flagged the first transfer at 4:08 a.m. UTC, and the second followed just over two minutes later. Both coins originated as mining rewards rather than exchange purchases.
Two dormant Bitcoin wallets from 2010 moved 100 BTC on November 13, 2026, valued at about $6.89 million at the time. The coins were later consolidated, but their owner’s identity and whether a sale occurred remain unconfirmed.The transfers involved coins generated through mining, not bought on an exchange. Per Decrypt, the first transaction split its 50 BTC into two new addresses — nearly 49.99 BTC to one and about 0.01 BTC to another, minus a tiny network fee. The second followed a similar pattern, sending nearly 49 BTC to one address and about 1 BTC to another.
By roughly 14:00 UTC on Friday, an on-chain check showed the combined 100 BTC had not moved again from their new destinations after consolidation, and no sale had been identified. Decrypt noted that the blockchain records where funds go but does not reveal who controls the receiving wallets. The transfers could reflect a peer-to-peer transaction, an over-the-counter sale, or simply a wallet switch for security reasons.
The $3-per-reward valuation is an estimate. Bitcoin had barely a functioning market in September 2010; historical prices show a trading range of about five to seven cents, and Mt. Gox, which opened that July, recorded its first trade at $0.04951 per coin. Decrypt also pointed out that the appreciation figure reflects unrealized gains in Bitcoin’s market price, not realized proceeds from a sale.
According to PANews, a separate whale that had been inactive for four years deposited 1,000 BTC, worth approximately $73.78 million, to Binance about eight hours before that report on November 12. That is a substantially larger transfer than the two 2010 rewards and involves a different wallet history. The PANews item, citing Lookonchain monitoring, did not specify whether the deposit was followed by a sale.
The two reports describe different patterns: the 2010 wallets involve mining-era coins that never touched a major exchange until now, while the PANews whale moved coins to a centralized venue after four years of inactivity. Neither report establishes that a sale took place in either case.
At the 14 Nov 2026 04:50 UTC snapshot from CoinPaprika, Bitcoin traded at $66,755, equivalent to ₹6,292,643, down 2.5% over 24 hours and 12.1% over seven days, with a market cap of $1.34 trillion and 24-hour volume of $25.38 billion. The 2010 wallets’ combined value was calculated at Friday transaction prices of around $68,800 per Bitcoin, slightly above the snapshot price.
Old-wallet activity draws attention because each move adds supply to a market that is already under pressure, even when no sale is confirmed. Decrypt reported that the transfers are part of a broader pattern in 2026: Galaxy Research data highlighted in August showed that Bitcoin untouched for at least a decade was moving at a pace rarely seen in previous years, including a 10-day stretch in which six wallets dating to 2011, 2012, and 2014 moved a combined 553.59 BTC. Some of those movements were linked to security concerns, wallet upgrades, or transfers to professional custodians rather than outright selling. BitcoinWorld has previously reported on wallet-security incidents, including seed-phrase thefts involving LTE implants in CryptoBilis wallets, underscoring why long-dormant holders sometimes move coins for safety rather than to sell.
The immediate signal to watch is whether the consolidated 100 BTC moves again from its new addresses, and whether any of the destination wallets are linked to a known exchange. The separate 1,000 BTC deposit reported by PANews should also be traced for any follow-on sale on Binance.
According to Decrypt, each 50 BTC mining reward was worth about $3 in September 2010, when Bitcoin traded for roughly six cents. Together the two rewards represented about $6 in market value at the time.
Did the owners of the 2010 wallets actually sell their Bitcoin?No sale has been identified. As of an on-chain check around 14:00 UTC on November 13, the 100 BTC had not moved again after being consolidated, and the on-chain record does not reveal who controls the receiving addresses or the purpose of the transfers.
What other large Bitcoin movement was reported the same week?Separately, PANews reported on November 12, citing Lookonchain, that a whale dormant for four years deposited 1,000 BTC, worth about $73.78 million, to Binance. That is a larger transfer than the 2010 wallet moves, though its timing and destination differ.
Are old Bitcoin wallets waking up more often in 2026?Decrypt reported that activity is part of a broader trend, citing Galaxy Research data highlighted in August that showed decade-old Bitcoin moving at a pace rarely seen in previous years. One 10-day stretch saw six wallets dating to 2011, 2012, and 2014 transfer a combined 553.59 BTC.
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