The inactive wallets of #Bitcoin continue to awaken.
In recent days, another 770 BTC were moved in 6 mysterious transfers.
The early adopters of Bitcoin are moving 770 BTC valued at just over $90 million. The dormant capital was split into six separate transfers over the last two days, marking the first activity of these old wallets in years.
The largest of the batch came from a wallet created on March 27, 2013, when bitcoin closed the day at only $83.42. Originally valued at $28,618.38—moved 343.00105824 BTC, equal to $40.38 million using the exchange rates at 11 a.m. on Tuesday.
After this, two wallets from 2016 came to life, each making a separate move—20 BTC and 25 BTC, respectively.
One was created on May 29, 2013, and moved 20 BTC.
The other, created on June 17 of the same year, transferred 25 BTC. Then, a wallet that had been silent since May 27, 2017, came to life, sending 22.36 BTC.
Tuesday also brought another rare appearance from the early days—a vintage wallet from 2011 moved coins for the first time in nearly 14 years. Originally created on August 28, 2011, it transferred 29.69 BTC, valued at $3.4 million. It still holds 37.629 BTC, worth $4.4 million. With all this activity in old wallets, the price of bitcoin has remained stable—even after 80,000 BTC were reported in the open market.