Bitcoin worth over $60 million has been transferred from dormant wallets that have remained inactive for over a decade.
The transfer, which occurred yesterday, involved the movement of 1,000 BTC, valued at $62.8 million according to current prices.According to on-chain data, two Bitcoin wallet addresses, dormant since September 12, 2013, moved a total of 1,000 BTC, valued at over $62.8 million at current prices. The movements occurred in succession, with oneThese wallets had received 500 BTC each back in 2013 when bitcoin was trading at around $124, amounting to approximately $62,000 in value at the time.
In January, nearly 50,000 dormant BTC became active less than a week after the approval of spot Bitcoin exchange-traded funds in the United States, hinting at a potential correlation between regulatory developments and dormant activity.One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
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