Five of the past extending to April 2010 Bitcoin 
$118,426.75 The miner’s wallet moved a total of 250 BTC to two new segwit addresses on Thursday, July 31st. output. Bitcoin’s price was only $ 0.003 when it first bought 50 BTC, which was the block award of that period. In other words, the value of the mining award won by the miners for that period was around $ 0.15. Today, the same amount of assets corresponds to $ 29.6 million. Experts emphasize that these transfers, which follow the inactivity of about 15.3 years, are an important indicator of how long sleeping supply is digested.
The long -term silence of Bitcoin whales is broken
These “OG” class miner’s wallets, which have been recorded for about fifteen years, offer combined data in Blockchain without leaving a trace at one time. In -Blockchain analysis platforms draw attention to the transition to the new SEGWIT address format that starts with “BC1Q ından from the old addresses that start with“ 1 ”. For those who do not know Segwit Thanks to the probability of error and advanced features come into play.
According to analysts, high price levels, storage safety and interpersonal asset transfer are among the main motivations of such surprise transfers. Therefore, the transaction stands out as the update of the storage strategy rather than creating sales pressure. Crypto investors’ application – the reason will surprise you!
Another important detail that erupted after the procedures is that the mining costs in 2010 are almost non -existent compared to the present day. Consumer CPUs that consume an average of 95 W Bitcoin NetworkHe could remove a block in a few hours of transactions. In the same period, the US housing electricity price was around 11.5 cents per KW. A simple calculation indicates that the cost of electricity for a successful block is expressed by synthes. Thus, it turns out that the 50 BTC awards corresponding to today’s millions of dollars are gaps between production cost and return.
The market impact of large -sized supply movements is limited
Similar old wallet movements seen in the Bitcoin network during July crypto currencyThe price of the price is closely monitored in the market as it approaches the summit of all time. Analysis platforms such as Arkham, Lookonchain and Spotonchain reports that the transferred amounts do not affect market psychology because the size of the liquidity pools easily absorbs these offers. On the other hand, some analysts Ethereum 
$3,842.37(ETH) emphasizes that increasing demand increases the variety of investors and limits the withdrawal of unique major supply events.
With up -to -date data, Bitcoin has gained 27 percent since the beginning of the year and is currently trading around 118 thousand dollars. Currently, the price is only 4 percent below the highest level of all time recorded at 122 thousand 838 dollars.
The increase in institutional purchases, the displacement of long term investors and the diversification of investor portfolios stands out as the main driving forces behind the rise. Thus, even the crypto currency supply older than ten years is insufficient to suppress the price.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
