Bitcoin wallet unused since early mining days reactivates after 14 years

A Bitcoin wallet that had been inactive for 14 years suddenly became active in a noteworthy event in the early days of cryptocurrency mining. According to Lookonchain, a blockchain analysis platform, the miner’s wallet deposited about $3.05 million worth of 50 BTC into the Binance exchange. These particular coins were originally obtained as a mining reward on July 14, 2010, a time when Bitcoin mining was feasible using personal computers and the block reward was up to 50 BTC. The reactivation of such long-dormant wallets often gives rise to speculation, with some social media commentators suggesting potential connections to Satoshi Nakamoto.