6 Dormant Wallets Transfer 553 BTC After Over 10 Years, Worth Approximately $40 Million
Six wallets that were last active between 2011 and 2014 transferred a total of 553.59 bitcoins, worth about $40 million, between August 16 and August 26. One of the wallets had not made any transactions for over 15 years. Alex Thorn, head of research at Galaxy Digital, pointed out that the number of dormant bitcoins transferred on-chain in the second quarter fell to the lowest level since the third quarter of 2022. Galaxy defines bitcoins that have not changed for at least a year as "dormant coins."
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Goldman Sachs: Carry Strategy Remains Valid Despite Yen Intervention

SEC Proposes $75 Million Fundraising for Crypto Assets

U.S. court dismisses SVB parent’s 1.7 billion dollar claim against FDIC

Russia Destroyed 12 Shopping Malls in Ukraine, Losses Amounted to 3.23 Billion UAH

Dragoneer Plans to Establish a $2 Billion Continuation Fund with Assets like OpenAI, Ultimately Raising $1 Billion

OpenAI's Advertising Revenue Reaches $1 Billion Annually, Accelerating IPO Process

Fuel Prices in Romania Higher Than Neighbors

Group on Trial in Donetsk Region for Illegal Extraction of 364 Tons of Coal

Coinbase CEO: On-chain Reputation Will Replace FICO Credit Scores

ARCA Expands the Obligation to Issue Electronic Receipts

U.S. Treasury Expects to Raise $739 Billion in Borrowing This Quarter

Ukrposhta Ensures International Delivery of Marriage Certificates

Government Confirms 70,000 Bonus for Retirees in September 2026

Employers Can Pay for Employee Training Tax-Free in 2026

Sber Forecasts Growth of Cryptocurrency Market in Russia to 7.5 Trillion Rubles by 2029

OpenAI Charges Some Major Clients Based on Task Completion Results

FTX Former Executives' Anthropic Shares Sold, Destination Unknown

Military Personnel Allowed to Report Corruption and Protected from Prosecution

MetaPlanet CEO Claims BTC Has Passed the Bottom

Berlin City Government Ransomware Attack by Rhysida Hackers Demands 30 Bitcoins

Diesel Prices in Ukraine Drop to 80 UAH/L

Tether CEO argues stablecoins are more reliable than deposit tokens

Fed's Hawkish Signals Strengthen, September CPI Becomes Key for Rate Hike

Belgium Opposes Using Frozen Russian Assets to Aid Ukraine

Besenter Refutes Concerns Over U.S. Treasury Market Pressures

Russia Attacks PepsiCo Production Facility in Mykolaiv Region

Iceland Votes Against Restarting EU Membership Negotiations

US VC Dimension's Assessment After Researching China's AI Industry

Hair Loss Biotechs Attract Investors as New Treatments Develop





