Ninjastic
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Re: The Dormant Address have been woke up, Are you worry?
by
SquirrelJulietGarden
on 25/04/2023, 10:48:57 UTC
Quote from: blue Snow on Today at 09:22:00 AM

See the total photo for total value of 1,000 BTC that is about $27,500,000.
Quote from: BIT-BENDER on Today at 10:16:47 AM
In terms of if it would affect the market, it would to a degree but it won’t be something to worry about, there are lots of accounts like that, that’s how popular bitcoin is.
It won't affect Bitcoin on the market. Because if total trading volume in the last 24 hours is $15,759,266,859 which is considerably bigger than value of 1,000 BTC from that address.

Is selling pressure of 1,000 BTC from old era (12 years ago) is bigger than selling pressure of 1,000 BTC in 2020 or 2023? They are the same amount of BTC and the same in value. Only mentally weak people think that it might create some big impacts on the market.