For months now our newsdesk has followed the tracks of a mysterious whale from 2010, a miner who not only mined thousands of bitcoin back in the day, but has also spent over 8,000 bitcoin during the past ten months. This week, the Russian blockchain researcher, Issak Shvarts published a report about the decade-old block rewards, and he claims to have shown “full proof” that the bitcoins are now owned by Coinbase and also distributed after the transfers.

The Case of the Mysterious 2010 Block Reward Spends

For a while now our newsdesk at news.Bitcoin.com has been monitoring a strange bitcoin (BTC) whale that has been spending coins mined in 2010. The bitcoins were mined a decade ago and they had never been moved since the day the block rewards were discovered. However, throughout 2020 and into 2021, news.Bitcoin.com has tracked a total of 7,000 BTC that mysteriously moved after ten years. Our team has worked with researchers at Btcparser.com and we’ve also discussed the topic with the Russian…

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Source: https://news.bitcoin.com/research-proves-recent-transfers-of-8000-ten-year-old-forgotten-bitcoins-were-sold-to-coinbase/