With bitcoin dancing well above the $ 100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life. Bitcoin’s $ 100K Plateau Brings Forgotten Fortunes Back Into Circulation Over the past four days, bitcoin (BTC), the crypto king by market cap, has …
2 Vintage Bitcoin Wallets From 2011 Spring to Life, Moving $4.7 Million in BTC
Over the past day, bitcoin has been hovering just under the $ 64,000 mark, while two wallets, which had been inactive for more than 13 years, suddenly moved 75 bitcoin worth $ 4.7 million. These transactions are particularly notable as they mark the only activity from 2011 this month, making them a rare …
32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity
Following the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole month of April. May Outpaces April […]
Long-Dormant ‘Sleeping Bitcoins’ Worth $35 Million Spring to Life on January’s Final Day
On Jan. 31, 2024, a notable movement of so-called ‘sleeping bitcoins’ occurred, involving wallets from 2013 and 2016 which collectively transferred 845.06 bitcoins valued at approximately $ 35.96 million. Originating from a handful of distinct addresses, 726 bitcoins were likely the property of a single entity, considering the patterns observed. $ 35 Million …
Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’
Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a halving event that occurs every four years. Morgan Stanley Foresees Crypto Spring Global investment bank Morgan […]