CandleFocus 7,240% Bitcoin Gains Made by Dormant BTC Whale as 'Uptober' Kicks Off
2024-10-03
Author: Content Editor
Several dormant Bitcoin wallets have recently been reactivated after years of inactivity, including one wallet that had not been used since 2014. This particular wallet contained 99 BTC, which has seen its value increase from $83,068 to $6,097,440, marking a 7,240% gain. This is the fourth dormant wallet to be reactivated in recent weeks, with other wallets holding significant amounts of BTC also returning to the market. Despite a recent dip in Bitcoin's price, some investors remain optimistic about its future, with one predicting that BTC could reach $1 million per coin as soon as next year.
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