100 BTC Transferred from Dormant Address After 16 Years, Now Worth Nearly $6.9 Million

Two Bitcoin addresses that had been dormant since September 2010 transferred a total of 100 BTC on November 13, valued at approximately $6.9 million at the time of the transfer. The two transactions each involved 50 BTC and were conducted about two minutes apart. These tokens were worth approximately $6 when they were mined. After the transfer, part of the funds was consolidated into a new address holding about 59 BTC, while the remaining funds were dispersed to three other addresses. The identity of the address holder is unknown, and on-chain transactions cannot confirm whether these BTC have been sold.

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