According to @lookonchain, five Bitcoin miner wallets that had been inactive for over 15 years collectively transferred 250 BTC, valued at $29.6 million, within the last hour. These wallets originally earned 50 BTC each from mining on April 26, 2010. The sudden activation of these dormant wallets is drawing attention from traders, as large movements from early miners can impact market liquidity and sentiment, potentially increasing short-term volatility in BTC price. Source: @lookonchain.

According to @lookonchain, five Bitcoin miner wallets that had been inactive for over 15 years transferred a total of 250 BTC, valued at $29.6 million, within the past hour. These wallets originally mined 50 BTC each on April 26, 2010. Such large-scale movement of long-dormant coins can increase market volatility and may signal potential sell pressure in the short term, making this a critical event for traders to monitor (source: @lookonchain).

According to @ki_young_ju, a total of 80,000 BTC that had been dormant for 14 years were recently transferred from wallets originally hosted by MyBitcoin. These wallets had not seen activity since April 2011, predating MyBitcoin's collapse in a hack that July. The coins are believed to belong either to the hacker responsible for the breach or the platform’s anonymous founder, Tom. This significant movement of long-idle Bitcoin introduces potential selling pressure and renewed volatility in the BTC market, which traders should closely monitor for price fluctuations and liquidity changes. Source: @ki_young_ju.

According to Lookonchain, two long-dormant wallets have become active, purchasing 7,738 ETH with 12.37M DAI at a rate of $1,599 per ETH. This activity included a partial deposit into TornadoCash, indicating potential privacy concerns for traders monitoring these addresses.