Where is Bitcoin Pepe headed as two dormant bitcoin wallets move BTC after 14 years
2025-07-04 09:59:04
Main Idea
Bitcoin's price dropped to $108,000 after reaching $110,000, and two long-dormant Bitcoin wallets from 2011 moved 20,000 BTC, now worth $2.18 billion, sparking interest in Bitcoin Pepe, a meme-centric Layer 2 project on Bitcoin.
Key Points
1. Bitcoin's price slid back to $108,000 after hitting $110,000 recently.
2. Two Bitcoin wallets inactive since 2011 moved 20,000 BTC, now valued at $2.18 billion.
3. The wallets originated from a 2011 transfer when Bitcoin was priced at around $0.39.
4. Bitcoin Pepe, a meme-focused Layer 2 project on Bitcoin, has raised over $16.295 million and is gaining traction with the PEP-20 token standard.
5. Bitcoin Pepe is set for listings on MEXC and BitMart, with a final announcement scheduled for July 31.
Description
Two Bitcoin wallets that had remained inactive for over 14 years were reactivated late Thursday night, collectively transferring 20,000 BTC, worth approximately $2.18 billion at current prices. The unexpected movement of these long-dormant funds has drawn widespread attention across the cryptocurrency community. As the crypto market sees increased activity following Bitcoin’s rise past $110,000 and other new developments, several projects are gaining momentum and raising funds through presales. ...
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