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$1.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year Ago

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Approximately 378 days ago, before the bitcoin bull market started to heat up, a unique block was spent stemming from a coinbase reward created 37 days after the Bitcoin network launched. It seems roughly ten coins from the block reward were sold to an exchange, but 40 bitcoin worth $1.4 million at today’s exchange rates sits unspent. As the Last Block Reward from 2009 Was Spent on May 20, 2020, Approximately 40 Bitcoins Remain Unspent Around this time last year, a curious block was spent that invoked a great amount…

The post $1.4M in Bitcoin Remains Idle — The Curious Case of the 37-Day-Old 2009 Block Reward Spent a Year Ago appeared first on Technology Manias.

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