[600 BTC Dormant for 16 Years Transferred, Worth $48 Million] According to Cointelegraph, on-chain data from September 5 shows that 600 BTC were transferred from an address dormant for over 16 years, valued at approximately $48 million. Whale Alert noted that these 600 BTC consist of mining rewards from 12 Bitcoin blocks generated in March 2010, and investigations found no connection between these addresses and Satoshi Nakamoto.