ChainCatcher message, Whale Alert has detected that a long-dormant Bitcoin address was reactivated early today, drawing market attention. The 25 Bitcoins held by this address were worth only $2,498 in 2013, but today their market value has skyrocketed to approximately $2.28 million, demonstrating the enormous appreciation potential of the Bitcoin market.

This event has not only raised concerns about Bitcoin price fluctuations but has also prompted a re-examination of the importance of on-chain data. As blockchain technology evolves, on-chain data analysis has become an essential tool for understanding market dynamics, providing investors with more precise decision-making support.