Dormant Bitcoin Erupts as 10 August Days Blow Past All of July

Dormant Bitcoin is moving significantly faster in August. During the first 10 days of the month, 2,209.05 BTC left long-idle addresses, which is 74.7% more than the 1,264.16 BTC tracked throughout all of July. These movements were identified using the blockchain parser tool Btcparser.com. The activity involves Bitcoin held in addresses dating back to 2010. This surge indicates a dramatic increase in the movement of long-term holdings compared to the previous month's total volume.