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$29.6M in Bitcoin moves after 15 years – Trouble ahead for BTC?
A sudden and unexpected movement of nearly $29.6 million worth of Bitcoin has left the market on high alert, sparking fears that a major sell-off could be imminent.
The massive transfer involved five dormant wallets from 2010, which have suddenly come to life after more than 15 years of silence. The transactions took place on July 31st and are believed to involve coins originally mined on April 26th, 2010, firmly placing them within Bitcoin’s early experimental phase.
Source: ambcrypto.com
