Category: bitcoin activity

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$67M Shifted—August Sees Tepid Activity in Dormant Bitcoin Wallet Movements 

August 14, 2024

Between Aug. 1 and Aug. 14, more than 1,109 BTC, worth around $67 million, moved from long-dormant bitcoin wallets that had been inactive for years. The bulk of this activity came from 17 distinct wallets, all originating in 2017, making this the largest movement of previously idle bitcoin from any single year of origin shifted…
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Bitcoin Exchange Inflows Fall To 2020 Levels As Activity Remains Low

January 10, 2023

Data shows the Bitcoin exchange inflows and outflows have both shrunk recently as market activity has remained low. Bitcoin Exchange Inflows & Outflows Continue To Decline As per the latest weekly report from Glassnode, the BTC inflow volumes are now only around $350-$400 million per day. The “exchange inflow” is an indicator that measures the…
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