3790 Bitcoins Transferred, 62% Occurred on Weekend

From September 1 to 14, approximately 3790 Bitcoins (BTC) were transferred. 62% of the total volume occurred on Saturday and Sunday. A wallet created in 2013 moved 113 Bitcoins for the first time, with the transaction captured at block height 966937, valuing the amount at approximately $8.8 million at that time. The addresses included in the tally were created between 2010 and 2017, including cases where Bitcoins were withdrawn from wallets that had no withdrawal records for several years. The largest transfer in September occurred on the 6th, with 1260.776 Bitcoins moved from a wallet created in 2016. During the same period, a total of 1450.83 Bitcoins were transferred from addresses created in 2016. Additionally, about 600 BTC moved from an address created in 2010 on the 5th, and in August, dormant Bitcoins totaling 6427.59 were transferred through 188 transactions. It is difficult to determine the holder's intent or the final transaction purpose based solely on transfers between addresses, and deposits to exchanges require separate verification. Therefore, it is challenging to assess the direction of Bitcoin prices or selling pressure based solely on the transfer volume in September.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.