80,000 Bitcoins Stun Crypto World with Massive Transfer
2025-07-06 11:24:36
Main Idea
A massive transfer of 80,000 Bitcoins from eight old wallets to SegWit addresses, worth approximately $8.6 billion, sparked significant attention in the crypto community, with no immediate selling pressure observed.
Key Points
1. 80,000 Bitcoins were transferred from eight inactive wallets to SegWit addresses on July 4, 2025, valued at around $8.6 billion.
2. The transactions were identified as wallet address upgrades, not intended for immediate selling, alleviating fears of market pressure.
3. Each of the eight wallets originally held 10,000 BTC and had been inactive for a long time before the transfer.
4. Arkham confirmed the transfers were for technical upgrades, dismissing speculation about a Bitcoin 'whale' selling off holdings.
5. Blockchain transparency played a role in debunking false claims about the wallets' transaction history.
Description
80,000 Bitcoins were transferred to SegWit wallets on July 4, 2025. Blockchain analysis suggests a single owner for the eight wallets. Continue Reading: 80,000 Bitcoins Stun Crypto World with Massive Transfer The post 80,000 Bitcoins Stun Crypto World with Massive Transfer appeared first on COINTURK NEWS .
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