Over 24 Hours, 1,214 BTC Worth $86 Million Moved from Inactive Bitcoin Wallets Dormant for 11 Years
Summary: August has seen a significant movement of long-dormant Bitcoin, beginning with a security incident involving Coldcard hardware wallets. However, a recent wave is unrelated to theft and likely represents "old school" holders moving assets for security. Data from btcparser.com shows that on August 19-20, 28 inactive wallets suddenly transferred 1,314.41 BTC (worth ~$94.03 million). Remarkably, 92.4% came from addresses first created in 2014, with 21 transactions neatly moving 50 BTC each from November/December 2014 wallets. The owner consolidated funds from older P2PKH to newer P2WPKH addresses. These coordinated moves, grouped into the same blocks, show no current signs of being sent to an exchange. Blockchair's privacy tool rated some transactions as "low" due to patterns like repeated input addresses. Another 2014 wallet moved 150 BTC (~$10.73M) on Thursday. In total, 1,214.42 BTC (~$86M) from likely one or two 2014-era owners was moved. Additional transfers from 2016 and 2017 wallets also occurred. The 2014 cohort achieved staggering gains of at least 16,645%, having bought when Bitcoin traded between roughly $310 and $427 in late 2014, compared to its much higher price now.
cryptonews.ru08/20 15:36