Two dormant Bitcoin wallets, inactive for over 15 years, have suddenly resurfaced and transferred a total of 100 BTC, worth over $6.24 million.
The resurgence of these long-dormant wallets raises questions about the motivations behind the transactions and their potential impact on the market.
Institutional investors, such as BlackRock and Fidelity, are increasingly showing interest in Bitcoin ETFs, indicating growing acceptance of the cryptocurrency in traditional finance.
The growing institutional participation contributes to Bitcoin's maturing status as a mainstream asset and its increasing stability compared to previous years.