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they are once again active meaning their owners could be preparing to add to or decrease their positions in the market. Flipside Crypto claim that a sizeable number of Bitcoin holders who had not accessed their wallets for a period of between six months and over.5 years have been moving coins of late. Often referred to in the industry as whales, about 1,000 addresses control 85 percent of all Bitcoins, and include many early investors that have remained relatively inactive during the stratospheric price surge and collapse of the past two years. Whereas Stone and the other Flipside Crypto researchers did state that activity by these so-called whales had previously preceded bullish market activity, there is nothing to suggest that this will be the case once again. Based on past experience, this could mean that even greater price volatility could be on the way for the digital asset space. However, since many of the wallets identified in the research hold massive amounts of Bitcoin, their owners could just as likely be preparing to sell.
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on the Internet: a whale was on the move. Unfortunately, since the owners of many of these wallets are anonymous, there is no way to tell their future intentions. Speculation mounted that a major holder of cryptocurrency with bitcoin transaction confirmation delay an electronic wallet that dated back to 2011 long before anyone had heard. The number of long-dormant, bitcoin wallets becoming active once again is rising according to a crypto research group. It is stated that just 1,000 addresses hold over four fifths of all Bitcoin that has already been mined. Theres more potential than usual for price swings. According to those compiling the data, this could pave the way for large price moves. According to a report in, bloomberg citing analysis performed by the digital asset research group Flipside Crypto, many Bitcoin wallets that have long been inactive have reawakened.
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