A Bitcoin wallet that had been asleep for 13 years has woken up.
411 bitcoins were transferred to a new address in one go, worth around $34 million at current prices.
What does 13 years mean? In 2013, Bitcoin was worth only a few hundred dollars, and many people still had Nokia phones.
Analysts say it doesn’t look like a sell-off—just coins being moved from an old wallet to a new one as a security upgrade.
But look at it another way: these coins cost next to nothing. At the right price, they could turn into selling pressure at any time. Movement from an old address is worth keeping an eye on.
$BTC #比特币 #On-chain data
411 bitcoins were transferred to a new address in one go, worth around $34 million at current prices.
What does 13 years mean? In 2013, Bitcoin was worth only a few hundred dollars, and many people still had Nokia phones.
Analysts say it doesn’t look like a sell-off—just coins being moved from an old wallet to a new one as a security upgrade.
But look at it another way: these coins cost next to nothing. At the right price, they could turn into selling pressure at any time. Movement from an old address is worth keeping an eye on.
$BTC #比特币 #On-chain data