Dormant Bitcoin re-enters circulation, highlighting major whale transactions and increased on-chain activity.

Today, Bitcoin’s price experienced a significant jump, climbing above $64,000 after trading below $60,000 last week. This sudden increase has positioned the crypto towards its next critical level beyond $65,000. Despite attempts by market bears to keep the price down, the bulls have remained in control.

However, on the heels of these notable fluctuations is the movement of previously dormant Bitcoin into circulation, with several large transactions recorded by on-chain trackers.

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