The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Bitcoin dormant addresses refer to Bitcoin addresses that have not been used for a long time. These addresses are usually considered dormant. Some Bitcoin whale addresses are also called Bitcoin dormant addresses because they have not been used for a long time. However, it may be because they belong to forgotten wallets, lost hardware wallets, or the holders deliberately remain inactive. It may also be that they wait until the Bitcoin price reaches the top before selling it. Bitcoin dormant addresses It will not disappear from the Bitcoin network, but will be permanently locked at that address. Introducing this, many investors may wonder what is the dormant address of Bitcoin? With a preliminary understanding, let the editor of the currency circle give you a detailed introduction.

## What is the Bitcoin dormant address?

A Bitcoin dormant address is an address that has had no outgoing transactions for a certain period of time and has a non-zero balance. Depending on the time frame, an inactive address can be considered dormant if no funds have been moved in or out of the address for a year or more. In the Bitcoin network, there are many people who hold a large amount of Bitcoin but have not conducted transactions for a long time.
The address of "sleep state". Such dormant addresses are known as Bitcoin whales among investors.

Dormant addresses are often considered a potential "lost" Bitcoin situation because if the holder forgets their wallet address or private key, then those Bitcoins can never be spent or transferred. In this case, Bitcoin The coins will remain in the dormant address forever and cannot be retrieved or used. There are currently a large number of dormant Bitcoin addresses existing on the Bitcoin blockchain, and the number of Bitcoins held in these addresses may be considerable.

In the digital currency market, there are many ways in which Bitcoin addresses can become dormant. For example, certain financial transactions involving Bitcoin may be deemed illegal by governments and law enforcement. In these cases, Bitcoin may be confiscated. Some The currency may be used as evidence in a court case, which could take years, so these Bitcoins remain dormant.

## How many dormant Bitcoin addresses are there?

According to analyst Maartun, 2,400 Bitcoins that had been dormant for five to seven years were transferred on the chain this morning. The transfer of dormant addresses may be due to the holder's recent desire to transfer or sell these Bitcoins. However, we do not know who the holders of this address are or what their intentions are. This situation is unlikely to occur. It reminds us that Bitcoin has a certain degree of security and anonymity.

The above content is the detailed answer of the editor of the currency circle to the question of what is the dormant address of Bitcoin. For investors who hold large amounts of Bitcoin, do not store all of your Bitcoins on a public address, otherwise the user's Bitcoins may be tagged by bots or individuals who observe the chain and apply a specific set of rules. , a new public key is created in the seed phrase each time it is withdrawn from the chain, and while each address may eventually be considered a dormant address, it never will when your currency is moved to an exchange for sale. There is a risk of being seen by others.