According to @EmberCN, a Bitcoin miner wallet dormant since April 2010 has consolidated 250 BTC, originally mined from five addresses (50 BTC each), into two new wallets within the past hour. The BTC, now valued at $29.62 million, was likely generated using desktop computers at the time. Such significant movements of long-dormant coins can increase short-term volatility and market liquidity for BTC, as traders watch for potential selling pressure or shifts in supply. Source: @EmberCN.

According to @EmberCN, a significant Bitcoin whale transaction occurred as 3,422 BTC, valued at $324 million, moved to a new address after 12 years of inactivity. Blockchain analysis shows these coins were originally withdrawn from the now-defunct BTC-e exchange in 2012, when BTC was just $13.5 per coin. This event underscores the potential for dormant Bitcoin to impact market liquidity and volatility, making it a critical signal for traders to monitor on-chain activity for possible large-volume moves. Source: @EmberCN (Twitter, May 6, 2025).