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Market Impact: 0.18
Dormant Crypto Wallets Begin Moving Millions in Bitcoin
Source: pymnts.com
Crypto & Digital AssetsMarket Technicals & FlowsInvestor Sentiment & Positioning
Six Bitcoin wallets dormant since 2011–2014 reportedly moved about $40 million between Aug. 16 and Aug. 26, according to Galaxy Research data cited by CoinDesk. While the activity suggests some renewed on-chain interest, it does not by itself indicate a broad market trend. Overall impact is likely limited and mainly relevant for short-term positioning/flows.
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