In 2024, the Bitcoin network has hit some significant milestones, including reaching an all-time high price, achieving peak hashrate and difficulty, and recording the highest onchain fees ever. On top of these metrics, the blockchain also saw its busiest transfer day in history on April 23, with 927,010 transactions confirmed in one day. Bitcoin’s High-Traffic […]
In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved 250 BTC—worth just over $15 million—from a long-inactive address created on May 12, 2013. In […]
In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions. […]
Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 […]