Dormant Bitcoin Wallet That Remained Quiet For Three Years Makes a Massive $140M Move — What's Going On?
Portfolio Pulse from Mehab Qureshi
A dormant Bitcoin wallet that had been inactive for over three years transferred approximately $140 million worth of Bitcoin to three different addresses. The exact motives behind such moves remain uncertain. At the time of writing, Bitcoin was trading at $27,939.94, down 0.56% in the last 24 hours.
October 09, 2023 | 7:15 am
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A dormant Bitcoin wallet transferred $140 million worth of Bitcoin. The motives behind the move are unclear. Bitcoin is currently trading at $27,939.94, down 0.56% in the last 24 hours.
The transfer of a large amount of Bitcoin from a dormant wallet could potentially impact the price of Bitcoin. However, the exact impact is uncertain as the motives behind the move are unclear. The current price of Bitcoin is down 0.56% in the last 24 hours.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100