"Increase in Transfers of Long-Dormant Bitcoin (BTC)"

Source
JH Kim

Summary

  • CryptoQuant reported a surge in transfers of long-dormant Bitcoin (BTC) this year.
  • In the first quarter of this year, 62,800 BTC that had been dormant for over 7 years were transferred.
  • The transfer volume of long-dormant BTC increased by 121% compared to the previous year.

On the 23rd (local time), CryptoQuant reported via X (formerly Twitter) that there has been a surge in transfers of long-dormant Bitcoin (BTC) this year.

The media stated, "In the first quarter of this year, 62,800 BTC that had been dormant for over 7 years were transferred, whereas in the same period last year, 28,000 BTC were transferred," explaining that "the transfer volume of long-dormant BTC increased by 121%."

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JH Kim

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