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Showing posts with the label blockchain activity

80,000 Bitcoin Has Now Moved After 14 Years

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A long-dormant Bitcoin wallet containing 80,000 BTC, currently worth more than $9 billion, has been reactivated after 14 years, sending ripples through the cryptocurrency community. Originally accumulated during Bitcoin’s infancy, the holdings were transferred in a series of transactions, sparking speculation but little disruption in markets. Dormant Wallet Resurfaces The wallet, inactive since around 2011, is believed to be one of the earliest known Bitcoin addresses. Blockchain data confirms that 80,000 BTC were moved on-chain, all within a short time frame. The entire balance was shifted to a new address, with no immediate signs of distribution to exchanges. A single entity moved $8.6 BILLION of BTC from 8 addresses in the past day. All of the Bitcoin was moved into the original wallets on either 2nd April or 4th May 2011 and has been held for over 14 years. Currently, the Bitcoin is sitting in 8 new addresses and has not been… pic.twitter.com/nm53tVRzLJ ...

Active XRP Ledger addresses down 80% since December

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The number of unique active addresses on the XRP Ledger (XRPL) has plummeted by 80% since December, according to data from CryptoQuant. Specifically, the number of addresses transacting on-chain has dropped from 103,000 on December 3 to fewer than 21,000 on Sunday. Unique active addresses are a way to track user engagement with the Ripple-supported XRP blockchain. Major changes to blockchain usage can indicate changes in market sentiment, and active addresses — wallets that actually send or receive transactions on-chain — are a key metric for measuring blockchain network health and adoption . The number of addresses transacting on-chain has dropped from 103,000 to fewer than 21,000. Read more: Ripple played Trump to pump XRP — now he’s cutting ties Unlike total addresses, which sums all wallets ever created, active addresses actually sent or received a transaction on the XRP Ledger within a rolling 24-hour period. Got a tip? Send us an email secu...