Bitcoin: Dormant Wallet Shifts 500 BTC After 12 Years

Bitcoin wallet 18TExP transferred its entire 500 BTC ($31.27M) to a fresh address after more than 12 years of dormancy, with on-chain data pointing to security concerns tied to the recent Coldcard hack.

Price action on the 4h chart shows BTC trading inside Bollinger Bands with the upper resistance at $63868.76 while the lower support sits at $62318.5; the neutral RSI(14) at 54.97 combined with the MACD golden cross supports a bullish trend structure around the EMA50 at $63706.06, suggesting any near-term pullback would likely find bids at those moving-average levels before continuation. This wallet movement arrives as traders refine BTC price prediction models and watch for signs of crypto market crash or broader AI industry impact on risk assets.