Mystery Whale Returns by Moving $35 Million — Miner Transfers 1,000 'Sleeping Bitcoins' from 2010

Two months after the mystery mining whale from 2010 transferred a string of 20 block rewards with 1,000 bitcoin on March 23, it seemed as though the entity was finished, after spending 10,000 bitcoin total. However, it took 78 days for the whale’s next move, as another 20 blocks from 2010 were transferred on Wednesday after the bitcoin sat idle for more than a decade. Despite the fact that bitcoin’s value is much lower today than a month ago, the mystery whale spent 1,000 bitcoin worth $35 million on Wednesday morning (EST) from 2010 at block height 686,865.

The 2010 Mystery Whale Is Back, 1,000 Ten-Year-Old Bitcoins Move

Last year and into 2021, Bitcoin.com News has been investigating a mystery whale that spends strings of 2010 block rewards in the same pattern every time the entity transfers coins. The strings are precisely 20 decade-old block rewards that contain 50 bitcoin (BTC) each and are also spent in one block.

The last time the old-school whale from Satoshi’s era moved coins was on March 23, 2021. The mining entity has now moved another concession of 20 block rewards from 2010 on Wednesday, June 9, 2021, at block height 686,865.