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Sleeping beauty bitcoin wallets wake up after 14 years to the tune of $2 billion - MarketWatch

1. Two dormant bitcoin wallets activated after 14 years, worth over $2 billion. 2. 20,000 bitcoin moved, originally deposited in 2011 when price was $0.78. 3. 18.04 million bitcoin remain in dormant accounts, raising market impact concerns. 4. Old coin movements in 2025 increased by 121% compared to 2024. 5. Tom Lee predicts bitcoin could reach $250,000 by 2025 due to demand.

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FAQ

Why Bullish?

The activation of long-dormant wallets draws attention and suggests potential sell pressures, but current HODL sentiment mitigates immediate negative impact. Historical sell-offs from dormant accounts have previously resulted in volatility, but current bullish momentum with massive ETF inflows indicates resilience.

How important is it?

Increased movement from dormant wallets signifies changing market dynamics, indicating active interest and potential volatility in BTCUSD if significant portions are sold.

Why Short Term?

Market will closely monitor movements from these wallets; any significant sale could lead to short-term fluctuations. Higher movement of old coins may indicate changing sentiment, prompting traders to react quickly.

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