For the first time in 14 years, eight old Bitcoin wallets have been activated in the past 24 hours.
They transferred a total of 80,009 BTC, worth approximately $8.69 billion.
▪️ It started with four wallets, which sent 40,000 BTC (around $4.35 billion);
▪️ Later, two more joined in - each transferring 10,000 BTC, bringing the total to 60,000 BTC;
▪️ Then, two additional addresses were activated, completing the series of transfers;
▪️ All of this Bitcoin was originally received back in 2011, when the price ranged between $0.78 and $3.37 per coin;
▪️ Four other wallets of the same age remain inactive;
▪️ This is the largest movement of funds from so-called “sleeping wallets” in a long time, and the crypto community is in a panic - who’s behind this, and why were such massive amounts suddenly activated?
