Monday February 24, 2025

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move

Several 2017 Wallets Reactivate in August: $28.2 Million in Bitcoin on the Move

by Jamie Redman August 4, 2024 1 min read

(Originally posted on : Bitcoin News )

In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the Reawakening of 2017 Bitcoin Wallets? Last month, sleeping bitcoin wallets from 2017 moved about 1,636.94 BTC through 23 distinct transactions. […]

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