Bitcoin Watch – A dormant USD720 million Bitcoin wallet has woken up

According to CCN, a dormant Bitcoin wallet has just woken up after four years, which could have a disruptive potential in the market place and price. The website has reported that USD100 million has been moved to Bitfinex and Binance over the course of ten days in August. The wallet contains 111,114 BTC which actually equates to 0.52% of the total supply. The owner of the wallet is still unknown and impacts to Bitcoin price yet to be determined.

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