tldr; Hundreds of old bitcoins have been moving over the past four days, despite the fact that BTC prices are significantly lower than they were at the beginning of November. Two owners, for instance, spent 348 bitcoin on November 29, 2022, and the stockpile had a previous value of $348,000. The transferred coins were spent from addresses created over six years ago.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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tldr; Hundreds of old bitcoins have been moving over the past four days, despite the fact that BTC prices are significantly lower than they were at the beginning of November. Two owners, for instance, spent 348 bitcoin on November 29, 2022, and the stockpile had a previous value of $348,000. The transferred coins were spent from addresses created over six years ago.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The Old Ones awaken.
I wonder why these whales reuse addresses. Any insights?
Article title does not match contents.
The coins were sent “from”, not “to”, addresses that have been idle for years. This has the reverse implications that the title would suggest.
Clearly long-term hodling by strong hands!
SBF laundering some of his take ????????