🌟💰1.75 million wallets from the Satoshi era still hold Bitcoin worth $121 billion📈
1.75 million Bitcoin wallets have been inactive for 10 years 📊
*Details of dormant wallets:*
- Number of wallets: 1.75 million Bitcoin wallets have been inactive for approximately 10 years.
- Value of coins: These wallets contain 1,798,681 Bitcoins valued at approximately $121 billion.
*Impact of reactivating dormant wallets:*
- Sudden reactivation of dormant wallets could increase Bitcoin price volatility.
- It may indicate that Bitcoin whales are about to liquidate large portions of their holdings.
*Selling pressure and its impact on price:*
- Selling pressure has temporarily caused a decline in price momentum.
- Current Bitcoin price: $118,606, down 0.8% in the early trading hours last Friday.
*Resistance levels:*
- Significant liquidation barrier at $121,500.
- If the price breaks the resistance level at $121,000, it may continue to rise towards $132,000.
*Performance of alternative currencies:*
- Ripple (XRP) reached unprecedented levels at approximately $3.7.
- Ethereum (ETH) successfully broke the resistance level that had persisted for 6 months at $3,500.