Sleeping Bitcoin Giant Moves 500 BTC Worth $41M After 10 Years of Silence
On Tuesday, as bitcoin’s price cruised comfortably above $82,000, a long-dormant wallet established on Jan. 1, 2016, stirred from its decade-long slumber, transferring 500 BTC for the first time in more than 10 years. The haul joins other recently moved coins that had long sat untouched, bringing the month’s tally to 1,745.615 BTC worth more […]
A wallet dormant since January 1, 2016 moved 500 BTC worth roughly $41 million on Tuesday while bitcoin traded above $82,000. The transfer is part of a broader trend this month, with 1,745.615 BTC in long-untouched coins now moved. Traders watch old-coin movements for signs that early holders may be preparing to sell, though a single transfer without confirmed exchange deposits is not necessarily bearish.
