Two Bitcoin addresses that had remained dormant since September 2010 transferred a combined 100 BTC early on November 13, 2026. The coins, originally received as mining rewards, were valued at roughly $6 when mined and moved at a combined market value of approximately $6.9 million with Bitcoin trading near $68,800.

The first transfer occurred shortly after 4 a.m. UTC, moving 50 BTC from an address inactive for 16.2 years. A second address, also holding 50 BTC from the same early period, completed a similar transfer just over two minutes later. Both balances originated as standard block rewards of 50 BTC, the fixed payout miners received until the first halving in November 2012.

Details of the Transfers

Blockchain records show the coins came from blocks mined on September 8 and September 19, 2010. At the time, Bitcoin traded in a range of roughly five to seven cents, making each 50 BTC reward worth about three dollars. The combined original value of the two holdings stood near six dollars.

Each transaction split the outgoing balance. The first sent nearly the full 50 BTC to one destination address while directing a small remainder to another. The second followed a comparable pattern, moving approximately 49 BTC to one address and 1 BTC to a second. Network fees for each transfer totaled 1,110 satoshis, or about 75 cents.

Within an hour, portions of the two original balances had been consolidated into a new address holding roughly 59 BTC, with the remainder distributed across three other addresses. The timing of the moves and subsequent consolidation point to coordinated control of both original wallets. No transfer to an exchange or known trading venue has been identified, and the coins had not moved again from their new destinations as of later checks on Friday.

Context of Early Mining Rewards

Bitcoin launched in January 2009 with a block reward of 50 BTC. That figure remained in place through the network’s earliest years, when participation was limited and the asset’s market price stayed well below one dollar for extended periods. Addresses holding unspent rewards from this period therefore represent some of the oldest accessible supply still under private control.

Ownership of the two addresses has not been established. Nothing in the on-chain data confirms a connection to any known individual or to Bitcoin’s pseudonymous creator. Analysts note that early mining rewards were distributed among a small number of participants and that reactivation alone does not prove any particular identity.

Rising Activity Among Long-Dormant Holdings

The Friday transfers form part of a broader pattern of reactivation among older Bitcoin addresses during 2026. Data compiled from blockchain analytics show that approximately 227,196 BTC acquired before 2019 returned to circulation over the course of the year. Separate tracking of selected long-inactive addresses recorded hundreds of movements involving tens of thousands of BTC in the first ten months alone.

Other notable recent examples include a 170 BTC transfer after 13 years of inactivity in late October and a 500 BTC movement after more than a decade of silence, the latter linked by analytics firms to addresses associated with a previously convicted individual. Additional transfers of several hundred BTC from wallets inactive for 10 to 12 years also occurred in the same period.

Movements of this type do not automatically signal sales. Holders may be consolidating keys, upgrading custody arrangements, or transferring coins for security reasons. In the present case, the absence of any detected deposit to exchanges leaves the ultimate purpose undetermined.

Bitcoin was trading just below $69,000 at the time of the transfers, continuing a period of elevated price levels relative to the network’s early history. The reactivation of these particular mining rewards adds two further examples of coins that remained untouched for more than sixteen years before reappearing on the ledger.