More ancient Bitcoin leaves its wallet after 10-year hibernation
BTC price action in 2022 is being accompanied by seriously old coins leaving hibernation after 10 years or more. Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant.The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply."Very old" Bitcoin come back to lifeAs BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond.The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at....
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