In September, 2,803.62 bitcoin, valued at $342.73 million, were moved from long-dormant wallets for the first time in years. According to blockchain parser btcparser.com, these transactions involved 70 distinct transfers from wallets created between 2011 and 2017. Notably, wallets from 2013 and 2017 accounted for the largest movements, with 2013 wallets alone moving 887.44 BTC worth $108.48 million. The activity suggests a significant reawakening of old bitcoin holdings, possibly indicating planned cash-outs or rediscoveries.
$342M in Dormant Bitcoin Moved in September After Years of Inactivity
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