14,000 Dormant Bitcoins Worth $1.35 Billion Relocated
- 14,000 Bitcoins, inactive for 7-10 years, were moved to new wallets.
- The transaction value was approximately $1.35 billion at the time.
- The Bitcoins were not transferred to exchanges, indicating no immediate sale intent.
- Past similar movements did not consistently lead to Bitcoin price declines.
- The average acquisition price of these coins is notably low.
On February 10th, a significant movement of 14,000 dormant Bitcoins valued at $1.35 billion occurred without transferring them to exchanges, suggesting no immediate plans for sale by the holders.
Source (2.6)https://dailyhodl.com/2025/02/10/1359551620-in-bitcoin-btc-suddenly-moves-after-7-10-years-of-dormancy-cryptoquant/?rand=59076
