Satoshi era Bitcoin wallet wakes up after 14 years, sends 50 BTC to Binance
The Bitcoin wallet belongs to a miner who earned 50 BTC as mining rewards in July 2010, a time when BTC was trading at $0.05.
A Satoshi-era Bitcoin wallet dating back to 2010 woke up from dormancy after 14 years and sent 50 Bitcoin to the Binance crypto exchange.

The Satoshi era refers to the period between 2009 and 2011, during which Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was active on online forums.
wallet is linked to a BTC miner who earned 50 BTC as mining rewards in July 2010. These are some of the earliest mined Bitcoin when the mining reward per block was 50 BTC. The current block reward is just 3.125 BTC.

The Bitcoin miner earned the 50 BTC block reward when BTC was trading at a price of around $0.05 and was barely a year old. At the time, the value of the BTC holdings was a mere $25.