600 BTC from 16-year-old mining rewards moves on-chain

Twelve Bitcoin mining rewards dating back 16 years have moved, according to on-chain tracking platform Whale Alert. The transactions involved a combined 600 BTC, marking the reactivation of coins that had remained dormant since the network’s early mining era. Cointelegraph reported that Whale Alert found no connection between the movements and Satoshi Nakamoto, Bitcoin’s pseudonymous creator. The activity highlights the transfer of long-held BTC from addresses associated with historical mining rewards, although the available information does not identify the owner or explain the reason for the transactions. The movements were reported on September 6, 2026, and relate directly to Bitcoin (BTC).