Dormant Wallets Rattle the Market

🟡Bitcoin dropped to $107,245 following sudden activity from eight wallets that had remained dormant since 2010. These wallets held a total of 80,000 BTC, and their reactivation sparked fears of a potential large-scale sell-off. With U.S. markets closed at the time, the decline accelerated, and traders began speculating about a possible link to Satoshi Nakamoto — though no evidence supports this.

🟡Analysts warn that Bitcoin is losing key support, and the current downturn could evolve into a broader reversal. Amid the liquidation of long positions and a surge in aggressive trades, the market is bracing for increased volatility.