In a surprising turn of events, a dormant Bitcoin whale has reactivated after 12 years, raising questions about BTC’s future.
The owner of a crypto wallet holding a substantial Bitcoin (BTC) balance has reactivated after a long period of inactivity spanning 12 years, sparking intrigue among crypto investors and market analysts alike. A significant sum of 159 BTC, valued at approximately $11.75 million, was transferred from this wallet, which had been inactive since 2012. This transaction highlights the wealth amassed by early Bitcoin investors. It is likely that this whale acquired their BTC at just $10.50 per coin, currently holding an unrealized profit of approximately 700,854%.
Naturally, this development has piqued the curiosity of many regarding its potential impacts on the entire sector, along with the motives behind such sudden moves.$BTC