Ancient Bitcoin Moves Across Wallets, Increasing Number of Long-Term Holders Grow

05/14 19:45

On Thursday, 139 BTC that had been untouched for nearly 12 years moved into a newly created Segwit address. These coins are part of what is known as Ancient Supply, referring to BTC purchased at least 7 years ago. This year has seen a significant amount of movement from ancient Bitcoin, with 3,200 BTC reviving. It is hard to tell whether these movements are related to the selling of the coins or simply personal custodial practice. Despite the recent movements, many consider the majority of Bitcoin’s ancient supply to be lost forever.
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