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1,200 Bitcoin Worth $20M Moved from Dormant Addresses in the Past Few Days – Here’s What Happened

As many as 1,200 old bitcoins from dormant addresses have moved in the days since the collapse of FTX, with activity picking up further in the past few days. Among the many old wallets that have moved coins in the days s...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

1,200 Bitcoin Worth $20M Moved from Dormant Addresses in the Past Few Days – Here’s What Happened
As many as 1,200 old bitcoins from dormant addresses have moved in the days since the collapse of FTX, with activity picking up further in the past few days.
Among the many old wallets that have moved coins in the days since FTX went down were two that spent a combined 348 BTC on November 29 – a stash that was once worth just $348,000....
Read More: 1,200 Bitcoin Worth $20M Moved from Dormant Addresses in the Past Few Days – Here’s What Happened

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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