The Satoshi-era bitcoins are referred to those ones that were mined when the founder of the coin Satoshi Nakamoto was in constant contact with the crypto community, and recently the movement of this coins from 2010 when each one at the time worth less than 0,10 cents of the dollar, have been registering large movements on those wallet addresses.
On Friday when the first transfer have been flagged there was a move of 50 bitcoins worth more than $700,000 in the actual market prices, but the move of those assets didn't end on that! few hours later more 50 bitcoins have been moved and the movement continued on Sunday.
On Sunday more twenty wallets containing 1000 Bitcoins worth more than $15M moved them to a single address. Few hours later and identical transfer was made with the same amount to a single address, counting in total of transferred Bitcoins from Satoshi-era mined in 2010 and never touched since them almost more than $30M in assets movements.
It's not sure why and what the owners are planning to do, but assuming that they are strong holders which bough the assets for pennies want to take some huge profits from their holdings selling a portion of the assets and become one of the Bitcoin millionaire available on the market.
Read the full article with specifications and links on my blog.
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Article also found at my Uptrennd blog.
