Daily News 19

Tag: Boerse Stuttgart Digital

  • Bitcoin Whale’s BTC Holdings Begin Moving After 15 Years of Dormancy

    Bitcoin Whale’s BTC Holdings Begin Moving After 15 Years of Dormancy

    Six long-dormant Bitcoin wallets created between 2011 and 2014 have become active again, according to data from Galaxy Research. Between August 16 and 26, the wallets transferred a combined 553.59 $BTC, worth approximately $40 million at current prices.

    Bitcoin wallets inactive for more than 15 years move funds

    One of the wallets had reportedly been inactive for more than 15 years. Its renewed activity indicates that some Bitcoin holdings from the cryptocurrency’s earliest years are beginning to move on-chain again.

    Galaxy Research found that five of the six wallets transferred their Bitcoin to addresses not associated with any known cryptocurrency exchange. As a result, there is no clear evidence that the transactions were intended as direct sales.

    The remaining wallet transferred 40 $BTC to Boerse Stuttgart Digital, a Germany-based provider of cryptocurrency custody and transaction services. However, the transfer does not necessarily indicate that the Bitcoin was sold. The assets may instead have been moved into custody or transferred for another institutional transaction purpose.

    ‘Sleeping Bitcoin’ activity reaches its lowest level since 2022

    Alex Thorn, head of research at Galaxy Digital, said on-chain activity involving long-dormant Bitcoin has declined significantly in recent months. Thorn said activity among legacy coins, described as “sleeping Bitcoin,” fell to its lowest level since the third quarter of 2022 by the second quarter of 2026.

    Thorn also expects the total value of transfers from Bitcoin wallets that have been inactive for long periods throughout 2026 to be less than half the level recorded last year.

    This is not investment advice.

  • Bitcoin Wallets Untouched for 10 Years Move $40 Million, Mostly Avoiding Exchanges

    Bitcoin Wallets Untouched for 10 Years Move $40 Million, Mostly Avoiding Exchanges

    Bitcoin wallet activity does not necessarily signal selling. The public blockchain records bitcoin moving from one address to another, but it usually cannot reveal whether the owner sold the coins, changed wallets, transferred them to a custodian or simply reorganized their holdings.

    Five of the six decade-old wallets that moved bitcoin this month sent their holdings to addresses with no known links to cryptocurrency exchanges. The sixth transferred 40 $BTC to Boerse Stuttgart Digital, a German crypto custody and trading provider.

    Bitcoin Wallets Linked to New York Lawsuit

    Two of the six wallets carry labels linking them to a New York lawsuit. In the case, a pseudonymous plaintiff known as Noah Doe is seeking control of bitcoin held across 39,069 dormant addresses under the state’s lost-property laws.

    The plaintiffs sent tiny amounts of bitcoin to those addresses along with onchain legal notices. They argue that the coins could be treated as abandoned if no one establishes ownership.

    CoinDesk reported in June that one address named in the case moved 35.55 $BTC after remaining untouched since March 2011. It was one of the first visible responses from a wallet targeted in the lawsuit.

    Coldcard Vulnerability Triggers Wider Bitcoin Movements

    After a flaw in certain Coldcard hardware wallets was disclosed in late July, roughly 210,000 $BTC left wallets classified by Glassnode as belonging to long-term holders in a single week.

    The vulnerability made poorly generated wallet keys easier for attackers to guess. As a result, some users moved bitcoin into newly created wallets or regulated custody, even when their own coins were not directly exposed.

    Source: cryptonews.net