In a period of holidays, the cryptocurrency industry refused to take a day off. Strong market performance of Bitcoin (BTC) and some other high-profile alt coins such as Ether (ETH,) was offset by the legal action against Ripple by the US Securities and Exchange Commission. In response, a number of prominent trading platforms, including Coinbase, and FalconX, responded by halting trading or deposits of the XRP token.

The latest findings from Santiment, published in Cointelegraph Consulting’s bi-weekly newsletter, indicate that the balance of dormant BTC wallets has become more active over a 365-day period. Between December 13 and 20, more than 146,620 BTC (~ $ 3.9 billion at the time of writing) that matched this description moved on the blockchain, marking the highest weekly volume since July 2019.