A dormant Bitcoin address containing 357 BTC, worth over $34 million, has been activated after 11 years of inactivity. The reasons behind the long period of inactivity are unknown, but it could be due to forgotten wallets or a decision to hold onto the assets. The holder of the Bitcoins may be taking advantage of the current market conditions to sell or invest further, or they may have rediscovered the wallet's keys. Bitcoin's price has experienced a slight decrease after reaching a record high, but there are expectations for a possible pump in December if whales continue to accumulate. Galaxy Research predicts that Bitcoin will surpass $150,000 in the first half of 2025 and exceed $185,000 by the end of the year due to increased institutional, corporate, and government adoption. Bitcoin is also expected to outperform other global assets in terms of risk-adjusted returns in 2025.



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