Quote from: BTCETFInvestor on August 16, 2025, 02:51:54 PM

Quote from: Zaguru12 on August 16, 2025, 02:14:17 PM

There is always two things when bitcoin is moved from dormant addresses, it is either to change wallet due to security concerns like maybe the back ups for the wallet might be missing; probably one of the multiple back up they have goes missing and for security purposes they change wallet.

Another reason which I think should be why this address went life will be to take profit. This is not bad thing most especially with the fact that we are a bull season, many will be taking off some profits, and taking something like 3,000 from almost 24,000 is actually not a bad idea. This bitcoin from 2019 till now is 17x plus of the price, so it’s a good profit.

I don’t understand why you think 3,000 even if sold off to take profit will have a significant impact on the market. This doesn’t flip the usually daily volume of bitcoin.

Clearly, you are not able to comprehend what 'No significant impact on Bitcoin’s market price has been observed' means!

Ok the statement wasn’t from you but if the one who wrote the article said the market hasn’t make any significant change, it means the writer was anticipating maybe they’re will be market sentiment hangs since such a large amount is been moved. And my reply remains that even if it is to send to exchange and even put it up for sale there is nothing that is going to happen to the market because the normal trading volume for bitcoin daily is way above that value that it will cause a price shift.

It is in the past that dormant addresses when wake up causes a change in the market, you will also noticed that the regular bitcoin purchase by institutions this days do not change the market sentiment again and they are larger quantity than this 3,000. This is all because bitcoin has moved from that volatility rate to a more stable or less volatile asset now. Even some government policies do not affect bitcoin anymore, look at how it reacted during the war between Israeli and Iran