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The Ancient Bitcoin Block Rewards see a decrease in spending after record activity in 2020 and 2021

 

After bitcoins had sat inactive for more than a decade, many of the 2010 block rewards were used to purchase 2021 block rewards. In 2020 and 2021, a string of 20 old block rewards was spent by an early miner who started in 2010. However, only 17 of the 2010 block rewards were used in 2022. Additionally, on March 10, 2022 an additional 17 block rewards from 2010 were spent.

 

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