Breaking News: A dormant Bitcoin whale has resurfaced after a decade-long slumber! This massive wallet, containing 1,004.5 BTC, has been inactive since 2014. The whale's timing is intriguing, as it coincides with Bitcoin's recent price drop from $73,000 to $65,000.
This ancient wallet received two transactions back in 2013 and 2014, totaling 1,004.5 BTC, worth around $738,000 at the time. Fast forward to today, and this whale has made a staggering profit of $56,162,000, representing a mind-boggling 7,610.03% gain!
Meanwhile, the crypto universe is abuzz with news. The European Union is cracking down on crypto-asset service providers, mandating compliance with Travel Rule guidelines by December 30, 2024. Elsewhere, long-dormant wallets are awakening, and prices are fluctuating. Renzo Restaked ETH (EZETH) has taken a 5.19% hit in the past 24 hours, while FTX plans a. massive $16 billion distribution. Ethereum investors are adopting a risk-off approach as ETH plunges, leaving many wondering what the future holds.
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