Post
Topic
Board Bitcoin Discussion
Re: dormant addresses are waking up?
by
CryptoBry
on 27/10/2019, 01:35:32 UTC
All below addresses were emptied this year. Most of them in Sept. 2019. Around 2982 BTC in 21 addresses.
All addresses were first used in 2011, and dormant until now.

No spending transactions on them so the public key was not known.
The owner he suddenly remembered after 8 years that he had some BTC?

What are your opinions?

I am not alarmed with these Bitcoin addresses suddenly waking up after years of being dormant, me thinks this is just another natural occurrence in this industry. Whatever reason/s the holders may have for this decision, it is only them that knows. This is just plainly strange as 8 years is a long period of time and why the holder/s did take advantage of the bull run in 2017 is another mystery.

On the other hand, can this be connected with the recent soar of the Bitcoin price? Maybe holders realized that it is time to let go of these coins and convert them into fiat money. I would be interested if there can be more wallets waking up and suddenly doing some transactions and not just these few enumerated above.