Six long-dormant Bitcoin wallets have transferred 553.59 BTC worth $40.15 million after remaining inactive for periods ranging from nearly 12 years to more than 15 years.
Summary
- Six wallets moved 553.59 BTC between Aug. 16 and Aug. 26.
- The holdings were worth $40.15 million when the transactions occurred.
- Two addresses carry labels linking them to a New York dormant-wallet lawsuit.
- Only one transfer reached a destination associated with a known crypto company.
Galaxy Research tracked the six movements from wallets dating to 2011, 2012, and 2014, although blockchain records do not reveal who controlled most of the addresses or why the owners transferred their…
