Author

Topic: [2017-01-02]Unusual transactions have been seen in the Bitcoin network (Read 318 times)

legendary
Activity: 2408
Merit: 1121
Small amounts really when you think about the total number of Bitcoin holders out there.

Just means older coins are moving, which isn't surprising seeing how we are above 1,000 now. This doesn't even guarantee that any of them will end up on an exchange, just that they've moved. That is about all we can infer unless an exchange feels like corroborating the data somehow -- which I doubt they'd do.

So really, the story isn't that "unusual", and just points to how rarely these coins move at all, given their vintage.
legendary
Activity: 3640
Merit: 1209
Bitcoin network

The average rate of Bitcoin fell by almost 10% in the last 24 hours, dropped under $ 1015. At the same time, Nikita Zhavoronkov, developer at Blockchain, published data of the recent wholesale of the large batch of coins.

He wrote about this on Twitter and gave a reference to the transaction showing the movement of the batch of 1000 BTC, minted in 2010.
"This is a very rare type of transaction, although not to this day", - noted Nikita Zhavoronkov.
At the same time, he pointed to other major transactions made in the last days: one more batch - 1000 BTC, as well as 500 BTC and 200 BTC...https://bit.news/eng/unusual-transactions-seen-bitcoin-network/
Jump to: