๐จBREAKING๐จ
Six Bitcoin wallets dormant since 2011โ2014 moved 553.59 BTC worth around $40 million between Aug. 16 and Aug. 26.
๐งญ Five of the six wallets avoided known exchanges, meaning the on-chain transfers do not necessarily indicate selling.
๐ฐ One wallet transferred 40 BTC to Boerse Stuttgart Digital, a German crypto custody and trading provider.
๐ Dormant Bitcoin activity fell to its lowest level since Q3 2022, with 2026 on track for less than half of last year's dormant BTC movement.
โ ๏ธ The movement of old BTC can reflect wallet reorganizations, custody transfers, or security measuresโnot necessarily market selling pressure.
$BTC $ETH
#BTC
Six Bitcoin wallets dormant since 2011โ2014 moved 553.59 BTC worth around $40 million between Aug. 16 and Aug. 26.
๐งญ Five of the six wallets avoided known exchanges, meaning the on-chain transfers do not necessarily indicate selling.
๐ฐ One wallet transferred 40 BTC to Boerse Stuttgart Digital, a German crypto custody and trading provider.
๐ Dormant Bitcoin activity fell to its lowest level since Q3 2022, with 2026 on track for less than half of last year's dormant BTC movement.
โ ๏ธ The movement of old BTC can reflect wallet reorganizations, custody transfers, or security measuresโnot necessarily market selling pressure.
$BTC $ETH
#BTC
