Satoshi-Era Bitcoin Wallet Awakens After 16 Years, Turns 40 BTC Into $2.54 Million

A Bitcoin wallet dating back to the early days of the network has reawakened after nearly 16 years of inactivity, transferring 40 BTC worth approximately $2.54 million, according to on-chain data. The transaction has reignited discussions about long-dormant Bitcoin holdings and the number of coins believed to be permanently lost. The wallet had remained untouched since Aug. 3, 2010, during the so-called Satoshi era, when Bitcoin creator Satoshi Nakamoto was still active in the community and mining was commonly done using ordinary home CPUs. What makes the transfer remarkable is the…  Read more

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