CandleFocus Dormant Bitcoin Whale Awakens After Decade With 11,507% Gains
2024-09-24
Author: Content Editor
An inactive Bitcoin wallet containing 81 BTC, untouched for over a decade, has been activated and its value has increased by 11,507% since 2013. The reasons for the sudden activity are unknown, but it could be an early adopter planning to sell or a transfer to a more secure wallet. This follows a trend of dormant Bitcoin wallets awakening recently. Additionally, Bitcoin whales have been making significant transactions, with one depositing 750 BTC worth $47.9 million and another withdrawing 1,343 BTC worth $84.8 million. Overall, Bitcoin is currently facing slight profit-taking after a major rally in the past week.
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