On the final day of July 2025, something unusual happened in the Bitcoin world — a long-dormant stash of 250 BTC mined in 2010 was suddenly transferred. That’s nearly $30 million worth of Bitcoin that hadn’t moved in over 15 years.

Where Did the Coins Go?

According to data from blockchain parser tools, the funds came from five separate addresses, each originally holding 50 BTC block rewards from April 18 to April 29, 2010. These rewards were mined during the early days of Bitcoin, shortly after Satoshi Nakamoto had stepped away from the project.

Here’s how the coins were split:

• 150 BTC went to a new SegWit wallet (P2WPKH)
• 100 BTC went to another newly created SegWit wallet

These modern wallets support newer transaction formats, adding to the mystery of who now controls these historic coins.

What Makes These Coins Special?

Coins mined in 2009 or 2010 are often called “Satoshi-era” bitcoins — referring to the period when Bitcoin’s anonymous creator was still active. Although these particular coins were mined after Satoshi likely left the network, they still fall into the rare Satoshi-era category due to their vintage.

Some media outlets recently mislabelled 2011 wallet movements as Satoshi-era, but experts clarified that only coins mined in 2009–2010 truly qualify.

Expert Take: Could These Be Satoshi’s?

While the timing is close to Satoshi’s last known activity (up to block 54,316), researchers and blockchain analysts believe it’s unlikely these were mined by Satoshi. Whale Alert, a blockchain tracker, commented:

“Two of today’s 50 BTC transactions occurred during Satoshi’s active period, but we don’t believe they came from the inventor himself.”

Further analysis, including comparisons to Sergio Demian Lerner’s “Patoshi pattern”, confirmed that none of the five block rewards match Satoshi’s mining fingerprint.

Why It Matters

Movements of old Bitcoin are rare—and often spark speculation, fear, or interest in the crypto world. These coins hadn’t moved for 15 years and 3 months, making this the first Satoshi-era spend of July 2025.

It comes after earlier headlines about 80,000 BTC from 2011 wallets being moved for liquidation to centralized exchanges—those, however, don’t hold the same historical value.

With Bitcoin’s history deeply tied to its mystique, every movement of old coins reminds the market just how far it’s come—and how much of its origin story still remains hidden.