Untouched for 11 years, 1000 BTC spent today🥴

While the #Bitcoin price has been trading at record levels in recent weeks, the movements of Bitcoins, which have been untouched for a long time, have also gained momentum.

Likewise, after 1000 BTC that had been 'sleeping' for 11 years and moved on the last day of February, another 1000 BTC, which has not been touched since 2010, has been transferred to different wallets on block 675887.

This unknown person is a Bitcoin miner. This mysterious miner, who was mining in the first period of Bitcoin in 2010, first collected 50 BTC from 20 different wallets in the morning and then distributed 1000 BTC here to 96 different addresses. BTCs distributed to 96 different addresses were also sent to different wallets.

🚀Some of the wallets where those transactions were first noticed by #BTCparser:

➡️14KpHq9tHFMQmAZU1T3JjgdAdFKT8wv6Pc
➡️15XgBWijwoRwS5EZ3KJedBAfZbh3YPd6ie
➡️17TzqoScCH3nc8GDiajq7C2YKpwepLYKui
As it is known, until the block reward halving in 2012, the amount of reward miners received per block in Bitcoin was 50 BTC. In 2012, this award dropped to 25 BTC. Today, the reward per block is 6.25 BTC. Therefore, the miner in question had done bitcoin mining at a time when mining was easy and the reward was 8 times higher than today.

Remarkable drop in Bitcoin price during transaction
The first transactions took place around 08:00. During the same period, the Bitcoin price dropped from $ 54,600 to $ 53,100, dropping by over $ 1000. At 08.25, the price was recorded as 53 thousand 120 dollars.

➡️Why were these BTCs spent years later?
'Spending' here is actually a technical term. When a Bitcoin leaves the wallet, it means that Bitcoin was technically spent. Whether the owner of the Bitcoins sells those BTCs to the market is a mystery. Many different scenarios can be produced since Bitcoins have not been touched since 2010. For example, although there is a low probability that the wallet key is lost and found years later. On the other hand, it is possible that the miner wanted to move his Bitcoins from the old address structure starting with only "1" to more efficient address structures supported by #SegWit starting with "bc1". Apart from these, the transaction may have been completely sales-oriented, which is perhaps the strongest possibility given that BTCs that have not been touched for 11 years are taking action today.