Dormant wallet awakens: Is Bitcoin at risk after 14,000 BTC moves?

On February 10th, 14,000 BTC, dormant for 7 to 10 years, were moved without being sent to exchanges, suggesting that an immediate sale is unlikely.

Retail investors have accelerated their Bitcoin purchases to an average of 10,627 BTC daily since mid-December, a 72% increase. Meanwhile, large holders are selling 32,509 BTC daily on average.

Strategy, co-founded by Michael Saylor, resumed its Bitcoin purchasing, acquiring 7,633 BTC for 742.4 million USD at an average price of 97,255 USD.

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