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Whale alert: 10-year inactive Bitcoin wallets move 1,000 BTC

2024/09/0111:00:02來源:互聯網
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Bitcoin (BTC) long-term holders suddenly activated two dormant wallets on May 12, moving 1,000 BTC worth over $60 million. These whale addresses remained inactive for 10.7 years since September 2013, when this stash was valued at $125,000.

Notably, the Whale Alert account on X posted each transaction with an interval of 20 minutes. According to the alerts, these holdings were valued at $62,890 and $63,565 when the addresses first acquired them.

Two dormant addresses moving 500 BTC each. Source: Whale Alert on X

On that note, the Lookonchain account also reported the dormant whales’ activity, identifying that one address acquired 500 BTC on September 13, 2013, and the other on September 14, 2013.

BTC: Price vs. Dormant Circulation (5y). Source: Santiment’s SanBase Pro (Vini Barbosa)

As of this writing, Bitcoin trades at $61,000, and only 1,056 BTC have been moved within this category instead of over 10,000 units during top formations. Moreover, technical analysis, derivatives liquidations, and on-chain metrics suggest Bitcoin could soon rally to $72,000, for over 18% gains.

Conversely, analysts warned of an imminent BTC meltdown, while others are optimistic about an altcoin season potentially surging.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk

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