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A collection of BTC wallets dormant since 2011 moved $8.6 billion worth of holdings in batches of 10,000 BTC, putting Crypto Twitter in a tizzy.
What’s the Scoop?
- Historic Movement: One of the largest
Bitcoin wallets, holding 80,000 BTC since 2011, began transferring funds—totaling $8.6 billion at current prices. - Transferred in Batches: The Bitcoin was moved in increments of 10,000 BTC to new addresses, raising questions about the intent behind the transfers.
- Longest Dormant Coins: These coins, untouched for over a decade, represent one of the longest dormancy periods before mobilization in Bitcoin history.
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