Seven Bitcoin wallets from the Satoshi era, inactive for approximately 16.5 years, have abruptly become active, moving a total of 350 BTC worth about $28 million. The coins originated from mining rewards earned in March 2010, with each wallet holding 50 BTC now valued at nearly $4 million. This transfer represents a rare on-chain historical event, as these coins had never moved since their creation. The transactions alone do not prove imminent selling pressure unless the coins later arrive at an exchange. Bitcoin is currently trading around $79,850 with bullish momentum, the daily RSI standing at 66.9.
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