The awakening of Bitcoin whales after a long period of inactivity often causes attention in the cryptocurrency community. Here are some key points from the event:
Bitcoin quantity and value:
Address contains 130 BTC ($8.42 million).Address contains 25 BTC ($1.62 million).Address contains 184 BTC ($11.92 million).
History and profits:
💤 💤 A dormant address containing 184#BTC(11,922,550 USD) has just been activated after 11.6 years!https://t.co/po6LvvLm55
The address "1NidF" purchased 99 BTC on December 18, 2012 and an additional 85 BTC two weeks later, for a total cost of $12,000. Currently, the profit of this address reaches 99,354.5%, equivalent to $11.91 million.
Market reaction:
There is often concern that these occurrences may lead to selling pressure as old holders take profits, with a bearish effect. However, these actions may also involve a change in method. storage method or wallet type of long-time Bitcoin holders.
Long-term impact:
The whale awakening may not only be a bearish signal, but also show that interest and value of Bitcoin remains strong over time.
This event highlights the importance of monitoring the activities of Bitcoin whales and their potential impact on the market.