Dormant Bitcoin Wallets Move 20,000 BTC Worth $2 Billion, Market Observes Potential Implications
The post Dormant Bitcoin Wallets Move 20,000 BTC Worth $2 Billion, Market Observes Potential Implications appeared on BitcoinEthereumNews.com. Two dormant Bitcoin wallets moved a staggering 20,000 BTC, valued at over $2 billion, after 14 years of inactivity, stirring significant attention in the crypto market. The owners of these wallets remain unidentified, and despite the large transfer, there has been no immediate impact on Bitcoin’s market price, indicating cautious market behavior. According to on-chain analyst Lookonchain, “These wallets acquired the Bitcoin (BTC) on April 3, 2011, when the price was approximately $0.78,” highlighting the extraordinary appreciation of Bitcoin over time. Two dormant wallets moved 20,000 BTC worth $2B after 14 years; owners unknown, market stable with no immediate sell-off, signaling resilience in Bitcoin trading. ‘, ‘
The post Dormant Bitcoin Wallets Move 20,000 BTC Worth $2 Billion, Market Observes Potential Implications appeared on BitcoinEthereumNews.com.
Two dormant Bitcoin wallets moved a staggering 20,000 BTC, valued at over $2 billion, after 14 years of inactivity, stirring significant attention in the crypto market. The owners of these wallets remain unidentified, and despite the large transfer, there has been no immediate impact on Bitcoin’s market price, indicating cautious market behavior. According to on-chain analyst Lookonchain, “These wallets acquired the Bitcoin (BTC) on April 3, 2011, when the price was approximately $0.78,” highlighting the extraordinary appreciation of Bitcoin over time. Two dormant wallets moved 20,000 BTC worth $2B after 14 years; owners unknown, market stable with no immediate sell-off, signaling resilience in Bitcoin trading. ‘, ‘
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