Satoshi-Era Bitcoin Whale Suddenly Wakes up With 400,179% Profit.

A dormant Bitcoin address containing 48 BTC, valued at $2.57 million, was activated today after 13 years of inactivity, reports Whale Alert. This address originally received these coins when Bitcoin was priced at just $13.7 per BTC, representing an astonishing 400,179% gain.

The reactivation of long-dormant addresses usually causes bearish sentiment among market participants. It often suggests that holders are preparing to liquidate their assets, potentially flooding the market with significant amounts of Bitcoin and increasing selling pressure.

This month has seen a trend of decades-

old wallets reawakening, with today's event

being part of a broader pattern.

on another dormant

address activation containing

approximately $8 million worth of BTC.

Additionally, two addresses holding over $2 million each were reactivated after long periods of dormancy last week.