Bitcoin’s 2010 Coins: Still Sleeping in 2025 😴

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With 2025 drawing to a close like a poorly timed curtain call, data from onchain parsers reveal a scandalous truth: only eight block rewards from 2010 have stirred all year-unless a few decide to perform a final somersault before December’s grand finale. One might call it the most sedentary year on record for these ancient coins.

2010 Bitcoin Wallets: The Party Poopers of 2025 💼

On Dec. 2, 2025, a relic from bitcoin’s youth finally stirred onchain, as 50 BTC mined in March 2010 moved at block height 926087 between wallets for the first time in over 15 years. One might assume that with prices hitting six figures, these coins would at least yawn and stretch. Alas, they preferred the slow life.

To date, that transaction stands as the eighth 2010 block reward spent in 2025, while the even more elusive 2009-era blocks remained entirely absent throughout the year. The first 2010 block subsidy to move this year appeared on Feb. 2 at block height 882004. Another followed on April 24 at block 893719, and by July 31, the pace briefly picked up when a cluster of five 2010 coinbase rewards shifted to new wallets (1, 2, 3, 4, 5).

The five 2010 coinbase rewards spent in July. Source: btcparser.com.

It is worth noting that activity tied to 2010 block rewards in nearly every prior year has exceeded 2025’s count, even as BTC climbed past the $100,000 mark. A prime example was 2024, when thousands of bitcoin were spent from 2010 coinbase rewards. One must clarify: coinbase rewards have nothing to do with the digital currency exchange Coinbase; the term refers to a block subsidy earned by miners. When left untouched, it becomes an unspent coinbase reward-akin to leaving a vintage wine corked for eternity.

Since September 2024, a total of 2,550 BTC was spent, and after subtracting the 400 BTC shifted in 2025 from eight block rewards, the figures show that 2,150 bitcoin tied to 43 separate block rewards were spent between September and December 2024. Notably, these transactions trace back to the enigmatic whale our newsdesk has pursued since 2020-a ghost who has yet to grace us with its presence this year.

What, you ask, can be inferred from this data? For starters, nearly 5 million dormant coins were moved from wallets aged anywhere from six months to over a decade, according to figures compiled by checkonchain.com. Coins dormant for 10 years or longer posted the lowest activity, a trend echoed by the 7- to 10-year cohort. Wallets holding coins idle for more than a decade saw 123,602 coins move in 2025, while the 7- to 10-year bracket logged 155,955 bitcoin shifting hands after comparable periods of inactivity. One might say they’re just warming up for a siesta.

It is also worth noting that the nearly 5 million BTC total logged for 2025 includes both routine transfers and coins traced directly to coinbase rewards. Dormant coins dating back to 2011 showed comparatively healthy activity this year and appeared far more often than 2010-era wallets stirring onchain. Just this month, 1,000 bitcoin from an address created on Dec. 21, 2011, moved for the first time since the wallet’s inception. A veritable social butterfly compared to its 2010 counterparts.

Source: Bitbo.io.

However, the collective of 2011 coins tied directly to miner-issued coinbase rewards was notably smaller. Data from Bitbo.io showed that 45,387 BTC from unspent 2011 coinbase rewards remained as of September 2024, compared with 45,215 today-meaning only around four were spent directly from coinbase rewards. One might say they’re still deciding whether to RSVP to 2026’s party.

Taken together, the figures suggest that 2010-era coinbase rewards are becoming increasingly scarce, and while 575,933 BTC from untouched rewards still exist, a portion of those coins are believed to belong to Satoshi and are unlikely to ever move. One might say they’ve retired to a private island, sipping champagne and ignoring the world.

While pockets of long-dormant coins continue to resurface, the earliest block rewards-especially those from 2010-are appearing to be just as scarce as 2009 coinbase spends, reinforcing their status as digital artifacts rather than active supply. As newer vintage wallets show more willingness to move, the silence from bitcoin’s first years only grows louder. One might say they’re rehearsing for a encore… in 2125.

FAQ 🧠

  • Why are 2010 bitcoin wallets moving so rarely in 2025?
    Well, darling, some coins prefer the slow life. Perhaps they’re enjoying the quiet or simply forgotten in a dusty vault.
  • How many 2010 bitcoin block rewards were spent in 2025?
    Only a handful of 2010 block rewards were spent this year, making 2025 one of the quietest periods on record for these early coins. A veritable snooze-fest.
  • What are coinbase rewards in bitcoin?
    Coinbase rewards refer to block subsidies earned by miners and have no connection to the cryptocurrency exchange Coinbase. A name drop that could confuse even the sharpest of minds.
  • Which dormant bitcoin wallets were most active in 2025?
    Wallets created in 2011 showed noticeably more movement than 2010-era addresses, including several large transfers from long-idle holdings. The 2010 coins, meanwhile, were busy dreaming of better days.

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2025-12-16 02:58