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As Bitcoin reclaims a position of about $60,000, risks of selling pressure have emerged. Over the past 48 hours, dormant wallets have started shifting Bitcoin alongside a Mt. Gox wallet, which is conducting test transactions ahead of a transfer. Per data shared by a CryptoQuant analyst, 29,206 Bitcoins were recently moved on-chain. A significant portion of these Bitcoins recently moved on-chain had been dormant for up to three years. Signs of troubleSpecifically, 5684 BTC were dormant for three to six months, but the remaining 18,536 BTC had been inactive for about two to three years. The anal…

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