Markets· ★★· neutral·

Bitcoin wallet dormant since 2013 moves $30 million to new address

  • —Coins were received in 2013 at roughly $130 per BTC
  • —The holdings were worth about $54,000 at the time
  • —Current value of the moved coins exceeds $30 million
  • —A transfer to a new address does not confirm a sale
Why it matters: Old wallets waking up often precede selling and can add pressure on BTC price.
Source: TokenPost