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Crypto wallet activity: Two dormant addresses move nearly $34M in Bitcoin

Crypto wallet activity: Two dormant addresses move nearly $34M in Bitcoin

Photo: AMBCrypto

Two Bitcoin wallets dormant for more than 12 years moved about 417 BTC, worth $33.85 million, according to Lookonchain. The movements brought Bitcoin held in the addresses for over a decade back into circulation between wallets. However, the available records do not say that anyone sold the coins or sent them to an exchange. Two wallets account for the $33.85 million transfer Arkham data show two main outgoing transfers. One address moved 248.854 BTC, valued at about $20.22 million, while the other transferred 167.84 BTC, worth around $13.63 million. Together, those transactions were 416.694 BTC.

Source: AMBCrypto

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