- Two Bitcoin wallets containing 50 BTC each, which had been inactive for 13 years, have been activated and the coins transferred to different wallets.
- The motivation behind the transfers remains unclear, with possible reasons being that the BTC is being moved to exchanges for sale or a wallet change.
- Blockchain analyst and developer Dr. Kirill Kretov suggests the coins may have belonged to computer experts testing the technology in 2010 and that old whale wallets may be moving BTC to signal that it’s time for the price to rise.
A total of $3 million worth of Bitcoin has been transferred from two wallets that had been inactive for 13 years. The two wallets, each containing 50 BTC from 2010, moved the coins to different wallets. The motivation behind the transfers remains unclear, with possible reasons being that the BTC is being moved to exchanges for sale or a wallet change.
Blockchain analyst and developer Dr. Kirill Kretov suggests the coins may have belonged to computer experts testing the technology in 2010 and that old whale wallets may be moving BTC to signal that it’s time for the price to rise.
