Category: Cryptsy

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Bitcoin ‘dormant’ for 7+ years moved right before BTC price dropped 5%

More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017. Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors.  As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its…
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$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft

On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth $540 million today is possibly linked to the Cryptsy theft, according to onchain analytics. 11,325 Bitcoins Move From Dormant 2014 Addresses,…
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