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32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s Activity

32 Vintage ‘Sleeping Bitcoin’ Wallets Spring to Life in May, Surpassing April’s ActivityFollowing the awakening of numerous dormant bitcoins in March, April was rather uneventful, with just 72 transfers from idle wallets dating between 2010 and 2017. To date, May has seen 32 transfers from vintage wallets, moving about 1,181 more bitcoin in the past two weeks than during the whole month of April. May Outpaces April […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over $27 Million

Nearly 1,000 Ancient Bitcoins from 2010 and 2011 Moved in 2023, Valued at Over  MillionBased on present data, within the last four months, a mere three block rewards from the year 2010 have been transferred after 13 years of dormancy. This is due to the fact that dormant wallets from that era are becoming a rarity to behold. The latest expenditure of a 2010 block took place on April […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves $60 Million for the First Time Since 2013

Dormant Bitcoin Wallet Linked to Mt Gox Saga Moves  Million for the First Time Since 2013According to onchain data, a bitcoin whale address transferred 2,071.5 bitcoin, worth approximately $60 million, after remaining dormant since December 19, 2013. Interestingly, this bitcoin address is linked to two wallets that sent 10,000 bitcoin last summer for the first time in nine years and are associated with the now-defunct exchange Mt Gox. 2,071 Bitcoin […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021

Ancient Bitcoin Block Rewards See Decrease in Spending After Record Activity in 2020 and 2021In 2021, a number of 2010 block rewards were spent after the bitcoins sat idle for more than a decade. Furthermore, in 2020 and 2021, an early miner from 2010 spent strings of 20 ancient block rewards. In 2022, however, only 17 block rewards from 2010 were spent. Alongside this, on March 10, 2022, an […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth $20M Over the Last 4 Days

Addresses That Sat Idle for Years Transferred 1,221 Bitcoins Worth M Over the Last 4 DaysDuring the last seven days, bitcoin’s price has remained above the $16K region following the aftermath of FTX’s collapse. Since then, a number of ‘sleeping bitcoins’ that sat idle for five to nine years have been moving during the last four days. Bitcoins that were worth far less back then are being transferred for the […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth $1.79 Million Wake Up

‘Sleeping Bitcoin’ Spends Slow Down Considerably in 2022, as 92 Decade-Old BTC Worth .79 Million Wake UpWhile the price of bitcoin has remained range bound and coasting along just above the $19K zone, over 60% of the bitcoin in circulation has not moved in a year or more. Moreover, there’s been very few transfers from bitcoins stemming from 2010, and it’s been more than two months since the last 2010 block […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

BTC Whale Transfers $940 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 Move

BTC Whale Transfers 0 Million Out of Coinbase — 3 Batches of ‘Sleeping Bitcoins’ From 2011 MoveOn Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoin (BTC) has been trading under […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of Dormancy

Another 5,000 Bitcoin Sourced From Mt Gox Wake up After Close to 9 Years of DormancyLast week Bitcoin.com News reported on two old bitcoin addresses created in 2013 sending 10,001 bitcoin to a myriad of wallets. Heuristics and clustering techniques indicate that the bitcoins were associated with Mt Gox, roughly around the same time the exchange was hacked in June 2011. Five days later, 5,000 bitcoins were transferred from a […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Whale Spends 10,000 BTC Worth $203M, Bitcoins Stem From the Infamous 2011 Mt Gox Hack

Whale Spends 10,000 BTC Worth 3M, Bitcoins Stem From the Infamous 2011 Mt Gox HackIn two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown

Spending $276M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH

Spending 6M in Ether — Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETHAfter three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using today’s ethereum exchange rates. Mega Ethereum Whale Distributes 145,000 Ether to 9 Different Addresses On August 14, 2022, onchain data […]

Currency Wars Are Brewing: The Seeds of a Global Financial Spiral Are Being Sown