Q: About 227,000 dormant BTC acquired before 2019 were transferred on-chain this year. How should we interpret this?
A: On its face, it doesn't signal anything positive; it's more of a routine market development. Trading volume and price moving in tandem would be more convincing. Looking at the news alone can easily lead to misjudgment.
$BTC .
A: On its face, it doesn't signal anything positive; it's more of a routine market development. Trading volume and price moving in tandem would be more convincing. Looking at the news alone can easily lead to misjudgment.
$BTC .