Recent data reveals that so-called ‘sleeping bitcoin’ wallets, established from 2010 to 2017, transacted about 659.14 bitcoins, valued at approximately $ 28.26 million, during the initial fortnight of this year. A significant portion of this activity originated from wallets created in 2017, with 167.3812 bitcoins being moved from that period. Old ‘Sleeping Bitcoin’ Wallets …
According to records, a batch of five transactions from “sleeping bitcoin” addresses, established more than 11 years ago in 2012, transferred 909.89 BTC valued at $ 24.88 million. The value of the whale’s cache of bitcoin when it was acquired was less than $ 10,000. The 11-Year Slumber: $ 24.88M in Bitcoin …
In 2023, a notable wave of dormant ‘sleeping bitcoin’ transactions resurfaced, totaling a staggering 37,330 BTC valued at $ 958 million based on current BTC exchange rates. Throughout the year, analysis revealed that these inactive bitcoin wallets from 2010 and 2011 are becoming scarcer. However, they occasionally stir, reawakening after over a decade of …