Crypto Briefing • October 8th 2026, 1:57 PM
100 Bitcoin mined in 2010 move for the first time in 16 years
Key Summary
A Bitcoin address that had not moved its original stash since July 30, 2010, recently transferred 100.02 BTC, ending a 16-year period of silence. The coins, earned through mining rewards in July 2010, were valued at $8.5 million at the time of the transfer, which occurred on October 7, 2026.
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Activity Surge
Galaxy Research flagged the transfer and traced the coins across the blockchain. CoinDesk confirmed that the funds were mined in July 2010.Historical Context
The coins came from mining rewards earned in July 2010. Galaxy Research flagged the transfer and traced the coins across the blockchain. CoinDesk confirmed that the funds were mined in July 2010.Analysis
The transfer marks a wider pickup in activity from long-dormant Bitcoin during 2026. If either of the two new addresses sends coins to a known exchange deposit address, that would point toward a sale. If both stay quiet, this will likely end up as a security upgrade by a very patient early miner.Conclusion
The recent transfer of 100.02 BTC from a dormant address in July 2010 highlights the ongoing activity in the Bitcoin network. As the cryptocurrency continues to evolve, it will be interesting to see how this transfer affects the market and the broader crypto ecosystem.#Bitcoin#US#Crypto#SEC