Arkham: Dormant Bitcoins worth over 2 billion dollars moved a few days after the start of Bitcoin spot ETF trading
According to The Block, data from cryptocurrency tracker Arkham Intelligence shows that after a few days of spot Bitcoin ETF trading, over $2 billion worth of dormant bitcoins were transferred through multiple associated addresses. These bitcoins had moved once in 2019 and had been dormant since 2013. These bitcoins have been consolidated from 49 addresses into 5, each containing between 8,000 and 12,000 bitcoins for a total holding of 49,858 Bitcoins (worth approximately $2.12 billion).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
Data: A certain whale deposited 10 million USDC into Hyperliquid and went 20x long on BTC.
Data: Due to the announcement of DappRadar's shutdown, RADAR has dropped more than 20% in the past hour
Trending news
MoreCrypto prices
More
