10x Research: The potential selling pressure brought by Bitcoin OG wallets is one of the key reasons why Bitcoin has been difficult to achieve significant gains in the past six months

By: odaily.com|2025/07/05 10:05:48

Odaily News 10x Research reported that eight Satoshi-era Bitcoin wallets that had been dormant for 14 years were reactivated on Friday, involving a total transaction amount of $8.6 billion. These OG wallets have been a potential selling pressure in the market and one of the key reasons why Bitcoin has been difficult to achieve significant gains in the past six months, although there is no clear indication that these specific wallets are intended to be sold.

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