On August 12, 2023, around 391,305 #BTC worth $11.4 billion emerged from long dormancy, signifying previously inactive assets. Dormant bitcoins, left untouched for an extended period, can create market volatility when moved. They stem from various factors like lost access, strategic holding, or legal hurdles. Detection involves specialized blockchain analysis tools, such as btcparser.com. The initial awakening took place on block 802,827, transferring 195.795 BTC. On the same day, blocks 802,872 and 802,879 saw the movement of 100 and 66.589 BTC, dormant since April 2014. The decision to move dormant bitcoins is likely driven by unique circumstances and potential profit realization, especially during surges in Bitcoin's value.

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