October’s Dormant Bitcoin Awakenings Cool as Transfers Plunge 81% From August

Crypto Insight Summary: Dormant bitcoin wallets dating back to 2012 moved 2,159.15 BTC valued at $167.56 million last month, marking a second consecutive monthly slowdown. Despite the declining activity, wallets originating in 2013 dominated the month, while addresses from Bitcoin’s earliest years remained conspicuously absent. Dormant Bitcoin Activity Slows as 35 Transfers Move $167 Million October brought another […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: An 81% plunge in dormant-wallet transfers suggests reduced old-coin distribution and selling pressure.