Dormant Bitcoin (BTC) Wallets Moved $167.56 Million in October, a Second Monthly Drop

Dormant Bitcoin wallets moved 2,159.15 BTC worth $167.56 million in October, down 66% from August, marking a second consecutive monthly decline. Addresses from 2013 carried 46% of the volume, according to data. The slowdown suggests long-term holders are reducing spending, potentially easing sell pressure on the market.