A long-dormant Bitcoin address that had been inactive for 11 years has been reactivated, resulting in a 26,147% gain. The address contained 67 BTC, worth $5,525,168 at the time of reactivation and showing a substantial increase from its worth of $21,050 in 2013. The reasons behind the reactivation remain unknown, but it has sparked speculation about the intentions of the owner. Bitcoin's price has been continuously rising, reaching $89,000 for the first time, with predictions of hitting $100,000 by the end of the year and $150,000 by the end of 2025. Bitcoin options traders are already targeting the $100,000 milestone, with a significant amount at stake for bets on reaching that price by December 27.
- Content Editor ( u.today )
- 2024-11-12
Ancient Bitcoin Whale Back to Life After 11 Years With Massive 26,147% Gains