According to the latest figures, 32 inactive Bitcoin transactions have emerged during the first two weeks of September 2024, resulting in 2,253.54 BTC spent so far. As for the biggest spenders, btcparser.com shows that wallets dating back to 2016 took the lead, moving a total of 1,549.51 BTC across nine separate transactions.
32 dormant Bitcoin transactions have been detected in the past two weeks.
In the first half of September, a total of 2,253.54 previously dormant bitcoins came back to life, worth $135.4 million based on current bitcoin exchange rates. So far, no dormant bitcoin wallets from 2010 or 2011 have shown activity, and they have become rarer over time. However, this month, 48.99 bitcoins were moved from 2012 wallets in two separate transfers ( 1 , 2 ). Eight wallets from 2013 came back to life this month, moving a total of 404.76 bitcoins.
One such transfer from 2013 was for 146.43 BTC, while another saw 185.51 BTC transferred on September 10. In fact, 2013 ranks as the second busiest year for dormant Bitcoin transactions this month. The third-largest amount came from addresses from 2014, when 134.28 BTC were transferred across five separate transactions. In contrast, 2015 also saw five transfers, but they totaled a modest 50 BTC.
The dormant Bitcoin wallets of 2016 took the top spot, moving 1,549.51 BTC from nine old addresses. One of those moves was an impressive 1,350.27 BTC transaction on September 4. Meanwhile, 2017 saw three transfers this month, totaling 66 BTC. With 2,253.54 BTC already spent in the first half of September alone, the total is just 37.66 BTC away from surpassing all of Augustâs dormant Bitcoin moves.
With $135.4 million worth of Bitcoin already moved in mid-September, the month is on track to surpass August in Bitcoin inactivity. However, the current pace suggests it may not reach the levels seen in June and July. The volatility in these transactions illustrates the uncertain behavior of long-term holders who return to the market at selective times when the price matches their expectations.
#TopCoinsJune2024 #MarketDownturn #BinanceTurns7 #elaouzi #IntroToCopytrading
