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14,000 #Bitcoins Moved After 7–10 Years of Inactivity
On February 10th, 14,000 #BTC that had been inactive for 7 to 10 years were moved. Despite the large volume, these coins have not been transferred to any exchanges, suggesting that they are not intended for immediate sale.
This kind of movement does not necessarily mean that #$BTC ’s price will drop. In the past, similar cases have occurred, but they did not always lead to a price decline. It would be wise to review historical data on Bitcoin’s price movements following such events (refer to the second indicator).
However, it’s important to note that the average acquisition price of these coins is quite low, which could influence the holders’ future decisions regarding potential sales.