On Tuesday, March 23, the infamous whale that’s been spending numerous strings of 2010 block rewards since last year, has spent another 1,000 bitcoin that sat idle for over a decade. The string of 20 block rewards transferred on Tuesday, follows the exact same patterns our newsdesk has tracked since March 12, 2020, otherwise known as ‘Black Thursday.’
Mystery Whale Spends Another 20 Block Rewards from 2010
On February 28, 2021, the mysterious whale who has been spending a great number of 2010 block rewards for roughly a year, had once again spent another 20 blocks. 23 days later, on March 23, 2021, the pattern repeated, as another 20 block rewards from 2010 were transferred today. Since Bitcoin.com’s newsdesk started investigating this old school whale on March 12, 2020, to-date the entity has spent 10,000 BTC worth over $550 million using today’s BTC exchange rates.
Bitcoin.com’s newsdesk caught the mystery whale again on March 23, 2021, with the help from researchers at Btcparser.com after the entity moved another 20 block rewards with 1,000 BTC. Two days prior, a single block reward from 2010 was spent at block height 675,652.Today, the spending pattern followed the exact same pattern as the previous strings of blocks spent from 2010. All 20 blocks from 2010 were coinbase rewards, which also means each block reward contains 50 BTC. All 20 block rewards moved by the entity were also processed at block height 675,887.
Per usual and similar to previous patterns, the string today had mined blocks stemming from July 2010 up until November 2010. All the strings of 20 block rewards caught since March 12, 2020, were mined within these months. Tuesday’s transfer of 1,000 …
Story continues on Bitcoin.com

Related posts
AA NewsBitcoinBTCEURBTCGBPbtcusdBTCUSDTCrypto banCrypto NewsIndiaSocial

India Should Not Ban Crypto as It’s an Asset Class, Said Tech Billionaire Nandan Nilekani

The Indian people need and should have access to cryptocurrency assets, said the co-founder of Infosys – Nandan Nilekani. The billionaire, who is also an advisor to government agencies and the country’s central bank, recently spoke against the country’s intentions…
BitcoinBTC Trading ViewNewsNews 1Trading View

‘If my boom thesis is true, you are crazy not to have Bitcoin’

Television personality and host of ‘Mad Money’ on CNBC, Jim Cramer, proposed a thesis that predicts a new kind of economic “boom” in the second half of this year. This economic expansion will The post ‘If my boom thesis is…

CoinShares: Ethereum Seconds Bitcoin as Crypto Fund Managers’ AUM Skyrocket

Institutional crypto fund managers witnessed an increase in their assets under management (AUM) in the past week, despite the declining appetite of U.S. investors for crypto investment. products According to the CoinShares Digital Asset Fund Flows report released on March…