Dormant Mt. Gox Era Bitcoins Move After 13 Years

Dormant Mt. Gox Era Bitcoins Move After 13 Years

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On-chain analysis confirms that two 1,000 BTC Casascius coins have been activated after remaining untouched for over 13 years. This movement sparks discussions around the long-term holdings of early adopters and historical Bitcoin activity.

Mt. Gox-Linked Bitcoins Stir After Over a Decade

Recent on-chain data has confirmed the activation of two 1,000 BTC Casascius coins. These specific Bitcoins had remained dormant for more than 13 years, with their movement on Sunday drawing significant attention within the cryptocurrency community. The activation of such long-held coins, particularly those with historical connections to early Bitcoin events like Mt. Gox, often signals renewed activity from early adopters or potentially relates to ongoing distribution efforts. This rare event highlights the enduring nature of early Bitcoin holdings and the transparency of blockchain data.