In recent days, several long-dormant Bitcoin wallets have shown activity, raising speculation about the motives behind these transactions. These wallets, believed to belong to early adopters or miners, have been inactive for over a decade. Some suggest that the owners may be cashing out or reengaging with the market, while others think they may be preparing for a strategic move amid current market conditions. Similar patterns of increased activity have been observed in other dormant wallets in recent months. The surge in Bitcoin's price may have prompted these wallet holders to reassess their positions and potentially take profits. Bitcoin is on track to have one of its best months of the year, with a projected 38% gain for November. The cryptocurrency's price has reached new highs throughout the month, and some predict it may hit $100,000 by the end of 2024 and double by the end of 2025.



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