A Turning Point in Bitcoin History: 2011 Wallets Carried $8.69 Billion Worth of BTC!
Today, there was a rare flurry of activity on the Bitcoin blockchain: eight separate BTC wallets that were active in 2011 transferred a total of 80,009 BTC to new addresses. The total current value of these BTCs is 8.69 billion dollars.
🕰 At the time these wallets first became active, the BTC price was only between $0.78 and $3.37.
💰 40,000 BTC were transferred in a single transaction from four different addresses, while the other four wallets became active shortly thereafter.
🤔 Is a sale coming? Or is it wallet reorganization? It’s still unclear — but on-chain data providers note that the movements are not directly related to a sale.
This development indicates that old BTC holders are starting to move again and will closely impact market psychology.
