😲 Dormant old #BTC coins are waking up en masse! More than 227,000 bitcoins from before 2019 will move out of dormant wallets this year. Most are holdings from 2015–2018, while coins from the true early days of Bitcoin’s genesis make up a relatively small share.
The tracked historically dormant addresses have already completed 873 transfers this year, with especially active movement this summer. Don’t panic just yet: on-chain data only shows that the coins have moved, not that they’ve been dumped on the market. Whether this is a wallet migration or a quiet sell-off depends on whether large amounts flow to exchanges next. Keep a close eye on this signal 👀$BTC
The tracked historically dormant addresses have already completed 873 transfers this year, with especially active movement this summer. Don’t panic just yet: on-chain data only shows that the coins have moved, not that they’ve been dumped on the market. Whether this is a wallet migration or a quiet sell-off depends on whether large amounts flow to exchanges next. Keep a close eye on this signal 👀$BTC
