In the second half of 2020 and the first quarter of 2021, starting in 2010, a mystery miner issued 200 block rewards by transferring 10,000 Bitcoin over the course of the year. Since the whale’s last 1,000 Bitcoin issues on March 23, the patterns of 20 decades-old coin award streaks appear to be over. In the meantime, only eight block rewards from 2010 have been given out since the last editions of the whale. In addition, approximately 21 block rewards from 2011 have been given out since the March 23 report.
2010 Mega-Mining Whale goes missing
Sixty days ago, Bitcoin.com News intercepted the last editions of the mega whale miner who transferred 10,000 dormant bitcoins in 2010. The 10,000 bitcoins were issued over a period of 12 months, with 200 blocks moved from 2010. The mysterious whale has not returned since then, and it appears that the entity could be done transferring strings of 20 consecutive block rewards that were well over ten years old.
The whale was notable because each row of 20 block rewards from 2010 were issued in a single block and most likely came from the same miner. The spending pattern of 10,000 Bitcoin (BTC) from the 2010 era has always been the same and never deviates from previous spending plans.
The last time the 2010 Mysterious Whale issued a series of 20 block rewards in one block was on March 23, 2021. A single 2010 block reward was issued on May 21, 2021 and another base coin reward was issued on July 15, 2010 reduced. was spent on May 14th.
The research in these reports was supported by the blockchain parsing engine Btcparser.com, members of the telegram channel “gfoundinsh * t”, blockchain researcher Issak Shvarts, and gfoundinsh * t leader Taisia. At the time, Shvarts had said he believed the thousands of Bitcoin from the 2010 block rewards were being sold to Coinbase customers.
Taisia was also instrumental in the latest move by the Bitfinex hackers. The hackers recently removed thousands of BTC from the August 2016 breach. Since the last 20 block issues on March 23rd, which saw 1,000 BTC mined in 2010, moved to a different address, only eight 2010 blocks have been issued since then.
It is also interesting to note that if he / she or she decided to sell the coins, the mystery miner took advantage of the most favorable sales times to transfer the BTC. The price of BTC has since fallen from a high of $ 64,000 per unit to a low of $ 30,000 on May 18, 2021.
Bitcoin’s value has managed to jump back over the $ 40,000 zone, but has been a few thousand dollars below that rate since then. Of the eight block rewards issued over the past 60 days in 2010, three of the blocks, valued at 150 BTC in total, were likely mined by the same owner.
Strange activity of bitcoins from 2013, Whale Alert repeatedly sends dozen of the same telegram message, 21 block rewards from 2011 were given
Between that 60 day spread, there was some strange activity with coins obtained in 2013. On May 4, the telegram channel operated by the blockchain parser “Whale Alert” published dozens of messages repeating the same messages.
It said, “A dormant 500 BTC ($ 26,960,325) address just activated after 7.4 years (valued at $ 429,542 in 2013).”
On May 4, 2021, Whale Alert’s Telegram channel broadcast dozens of the same messages of strange activity from a dormant whale address from 2013.
At the time, BTC traded hands at prices between $ 57,000 and $ 59,000. Not too long after the dormant address transfer in 2013, the average price of Bitcoin dropped to around $ 53,000 per unit on May 12.
Two-month statistics also show that around 21 random block rewards from 2011 have been given out since the mysterious whale transfer in late March. While spending on block rewards is lower in 2010, especially since the mega whale is supposedly complete, the coin-based rewards from 2011 were far more important.
Although a 2010 block was transferred on May 21, 2010 and mined on September 18, 2010, another Coinbase reward mined on July 15, 2010 was issued on May 14, 2010.
What do you think of the frequency of old Bitcoin spending while sleeping in 2021? Let us know what you think on this matter in the comments section below.
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$ 10000 BTC, 200 block rewards, 2010 block reward, 2010 mined coins, bitcoin, block rewards, blockchain parsing engine, BTC, Btcparser.com, cryptocurrency, gfoundinsh * t, Issak Shvarts, mined coins, moving coins, parser, sleeping bitcoin, spent, Taisia, whale, whale miner
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