Discover the movement of $348 million worth of Bitcoin in January 2025 due to awakening dormant wallets. Learn about the significant transactions and potential implications.
In January 2025, 89 old Bitcoin (BTC) wallets inactive since 2011-2017 came to life, moving a total of 3,422 Bitcoins worth $348 million. The largest transfer was from 20 unique addresses in 2017 wallets, moving 1,224 Bitcoins. One notable transaction was the transfer of 396 Bitcoins from a wallet created on June 14, 2017. This significant activity in old wallets may indicate a change in long-term holders’ strategy or potential selling.
