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October’s Dormant Bitcoin Awakenings Cool as Transfers Plunge 81% From August

News.Bitcoin.com
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October’s Dormant Bitcoin Awakenings Cool as Transfers Plunge 81% From August

Dormant bitcoin wallets dating back to 2012 moved 2,159.15 BTC valued at $167.56 million last month, marking a second consecutive monthly slowdown. Despite the declining activity, wallets originating in 2013 dominated the month, while addresses from Bitcoin’s earliest years remained conspicuously absent. Dormant Bitcoin Activity Slows as 35 Transfers Move $167 Million October brought another […]

Key Takeaways

  1. Dormant bitcoin wallets dating back to 2012 moved 2,159.15 BTC valued at $167.56 million last month, marking a second consecutive monthly slowdown.
  2. Despite the declining activity, wallets originating in 2013 dominated the month, while addresses from Bitcoin’s earliest years remained conspicuously absent.
  3. Dormant Bitcoin Activity Slows as 35 Transfers Move $167 Million October brought another […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.