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).