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Bitcoin dormant wallets

Historic Transfer of 80,000 BTC From Dormant Wallets Sparks Security Concerns Amid Stable Market

Approximately 80,000 BTC, valued around $8.6 billion, was moved from cryptocurrency wallets inactive for nearly 14 years. This ranks among Bitcoin’s largest-ever transfers, raising significant concerns regarding private key security risks for long-held digital assets. Coinbase executive Conor Grogan flagged… Read More »Historic Transfer of 80,000 BTC From Dormant Wallets Sparks Security Concerns Amid Stable Market

Dormant Bitcoin Wallets Transfer $2 Billion After 14 Years, Market Remains Unfazed

Two dormant Bitcoin wallets activated after 14 years of inactivity, transferring 20,000 BTC worth over $2 billion. The movement, originating from wallets inactive since 2011, occurred on July 5 without triggering immediate sell-offs or significant price volatility. This event starkly… Read More »Dormant Bitcoin Wallets Transfer $2 Billion After 14 Years, Market Remains Unfazed