High Alert

Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 millionWorldPing
Image via CoinDesk.

What happened

The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.

Key facts

  • The 100 BTC came directly from two mining rewards created during Bitcoin’s “Satoshi era” and had not moved for more than 16 years.
  • Reported by CoinDesk and published Thu, 08 Oct 2026 11:30:19 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Ethereum’s Glamsterdam test runs near 200 million gas per block after upgrade

  2. US government moves $770M of seized Bitcoin to Coinbase Prime

  3. Bitcoin mined for pennies in 2010 moves after 16 years, now worth $8.5 million

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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