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$1B worth of Bitcoin dormant for 3 years moves amid bullish rally above $80K

Market News
05 May 2026
UToday
View Source
Bullish
pluang ai news

Bitcoin has seen a significant movement of 12,849 BTC, worth about $1.03 billion, after being dormant for 2 to 3 years. This surge in whale activity coincides with Bitcoin reclaiming the $80,000 price level amid a broader market rally. The movement of long-held Bitcoin tokens is often a bullish signal, indicating market maturity and strength as older holders re-enter to sell or redistribute their assets. This trend suggests growing confidence from both retail and institutional investors in the ongoing crypto recovery.

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