SMRTR TechJul 6, 2025TechSpot

Bitcoin worth $8.6 billion moved for the first time since 2011, bought for just $210K

SMRTR summary

A massive $8.6 billion worth of Bitcoin, dormant since 2011, was suddenly moved from eight wallets on Friday. The 80,000 BTC transfer, likely from an early miner, sparked speculation about ownership changes, security upgrades, or potential hacks. Despite initial market jitters, Bitcoin's price stabilized as evidence suggested the coins were simply moved to new addresses, not sold.

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