However, the current market value of the stash is estimated to be around $3.5 million, which is a considerable increase in value over the years. What makes these coins even more interesting is the fact that they are considered ‘ancient.’ Analysts refer to coins purchased at least seven years ago as ‘ancient Bitcoins.’ The activity of these ancient Bitcoins has increased significantly in the first half of this year. However, holders occasionally transfer their BTC to new addresses for safekeeping.
According to analysts at Glassnode, there is a lower chance of holders selling their BTC after 155 days.69% of Bitcoin addresses now have a weighted average holding period of over a year.
