Bitcoin fans, get ready! ๐Ÿ˜ฑ A Bitcoin purse that's been asleep for 10.3 years just woke up and moved a massive 687.33 BTC, valued at nearly $44 million! ๐Ÿš€ This wallet got these bitcoins in January 2014 when BTC was only $917.

๐Ÿ•ต๏ธโ€โ™‚๏ธ This sudden activity from a Satoshi-era wallet has ignited curiosity and speculation in the crypto community. The wallet divided its holdings, sending 625.43 BTC to one address and the remaining 61.9 BTC to another. Some suspect these old wallets could be linked to Bitcoin's creator, Satoshi Nakamoto.

๐Ÿณ๐Ÿณ Despite the theories, experts believe these wallets likely belong to early miners or investors taking advantage of Bitcoin's rebound. BTC has risen nearly 4% over the past week, reaching about $65,500 before pulling back. The transfer raises concerns about a potential sell-off, possibly signaling a move to unload a large Bitcoin stash.

๐Ÿ“ˆ When Bitcoin's price soared above $70,000 earlier this year, several dormant whales woke up. One such whale, who amassed nearly 4,300 BTC a decade ago at less than $30, made their first transfer in over ten years, moving 246 BTC worth close to $17 million.

๐Ÿ” A recent study discovered approximately 1.75 million Bitcoin wallets inactive for a decade or more. These wallets hold a total of 1,798,681 bitcoins, valued at roughly $121 billion. These "lost" coins represent about 8.5% of Bitcoin's total supply of 21 million, with 93% of the total supply already mined.

๐Ÿ” The fate of many dormant wallets is uncertain, but it's probable that a significant portion of them are permanently lost due to forgotten private keys. So, keep your keys safe, folks! ๐Ÿ”‘๐Ÿ”’#BlackRock #MicroStrategy #CryptoWatchMay2024 #bitcoinhalving #Memecoins $BTC