Ninjastic
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Re: The Dormant Address have been woke up, Are you worry?
by
jrrsparkles
on 25/04/2023, 17:26:00 UTC
Quote from: blue Snow on Today at 09:22:00 AM

https://twitter.com/search?q=dormant%20address%20%23BTC&src

I actually don't care about this because for me btc price will always fluctuate for various reasons. But when I look at this, maybe a bit worried, I don't know how many people in 10 years ago still own a lot of Bitcoin until today and sell it at the same time. So What you're though?. why are they selling it now, and not on ATH acouple years ago?.
Nothing to be worried because even 33K and 35K transaction a year back or two didn't even affect the price of Bitcoin for days so the total 7K is nothing compared to the daily trading volume of Bitcoin happening all the exchange.

Another thing we don't have to assume that they are selling it simply because it moved after a long time. Probably they are even moving to much safer place considering the recent advancement in the wallet.