Important points
- 700 dormant Bitcoin (BTC) coins worth about $60 million have become active after years of inactivity.
- Movements in long-held BTC often indicate changes in the behavior of early adopters and long-term holders.
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According to CryptoQuant analyst JA Maartun, 700 dormant Bitcoin coins worth about $60 million have become active after a long period of inactivity, marking a new example of a long-held digital asset entering circulation.
Movements in dormant Bitcoin often indicate changes in holder behavior, especially among early adopters and long-term investors. Whale inflows to major exchanges have recently surged, indicating potential market volatility similar to active periods in the past.
Early Bitcoin holders have started selling their long-held assets in recent months, contributing to market trends. Activation of dormant coins typically attracts the attention of analysts who track supply movements and potential selling pressure.
Increasing global liquidity and stablecoin reserves are building fundamental support for movements in crypto assets, including Bitcoin. Digital currencies operate as decentralized systems that facilitate peer-to-peer transactions on blockchain networks.
