December 22, 2024

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Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed

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Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending Slowed
Bitcoin’s August Slump: Dormant Wallets Stirred, But Vintage BTC Spending SlowedBitcoin faced a challenging August, with its price dipping by 8.6%. Data shows that although 84 previously inactive bitcoin wallets became active last month, the total amount of vintage BTC spent was lower in August than in July. Specifically, dormant wallets spent around 2,291 BTC from addresses that hadn’t been touched between 2011 and 2017. […]