Bitcoin dormant for 5 years or more awakens in new ‘distribution’
Bitcoin long-term holder “inactivity” is being slowly challenged as BTC emerges from hibernation, in some cases lasting over a decade.
Bitcoin (BTC) that has been dormant in its wallet for up to a decade is on the move, the latest data shows.
According to on-chain analytics platform CryptoQuant, thousands of coins are “waking up” daily as BTC price action challenges $70,000.
Bitcoin on-chain volume is the source of intrigue this month as “older” coins return to circulation — in their thousands.
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Author: William Suberg
