Search results for Dormant assets
Crypto
Dormant bitcoin wallet awakens after 15 years, drawing attention for 461,981 percent gain
A bitcoin address that had been inactive for more than 15 years has become active again, moving 8.54 BTC in block 962770. Galaxy Research estimated the holding at about $538,000 at current prices, with an estimated realized profit of about $538,000 and a return of 461,981 percent. While large moves from long-dormant wallets can draw attention for potential selling, on-chain transfers alone do not confirm a sale.
Crypto
30 percent of bitcoin at risk of quantum exposure, Glassnode says address reuse key
About 30.2 percent of issued bitcoin is stored in addresses at risk of quantum exposure, with a larger share stemming from how users and custodians manage addresses rather than from protocol structure, according to an estimate cited in a report. Glassnode put quantum-exposed bitcoin at 4.12 million BTC, more than twice the 1.92 million BTC it classified as structurally exposed due to older script types. Exchange wallets were singled out as a major source of operational exposure.
Crypto
Debate grows over freezing 5.6 million dormant bitcoins
A debate over bitcoins that have not moved for more than 10 years is spreading across the market, as some propose freezing vulnerable coins to prepare for quantum computer threats. The dispute centers on about 5.6 million BTC in long-dormant assets. Supporters cite pre-emptive security, while critics warn it could set a precedent for censorship and weaken property rights principles. Some say it could shake institutional investment assumptions and trigger sharp repricing.
