$BTC 𝘼𝙣𝙘𝙞𝙚𝙣𝙩 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝙒𝙝𝙖𝙡𝙚𝙨 𝙎𝙪𝙙𝙙𝙚𝙣𝙡𝙮 𝘼𝙬𝙖𝙠𝙚 𝘼𝙛𝙩𝙚𝙧 10.7 𝙔𝙚𝙖𝙧𝙨 𝙒𝙞𝙩𝙝 49,274.2% 𝙋𝙧𝙤𝙛𝙞𝙩
Calm Sunday morning was disrupted, when two dormant Bitcoin (BTC) wallets, untouched for over a decade, have sprung to life, shaking the cryptocurrency market with their monumental activity.
these wallets, inactive for precisely 10.7 years, have swiftly transferred their entire holdings of 1,000 BTC, currently valued at a staggering $60.9 million, within a mere 20-minute window.
The wallets in question, identified as "16vRqA" and "1DUJuH," received their initial deposits of 500 BTC each back in September 2013, when Bitcoin was valued at a modest $124 per coin.
Fast forward to today, and these addresses have witnessed an extraordinary surge in value, boasting an astronomical profit margin of 49,274.2%. In monetary terms, this translates to a jaw-dropping $60.8 million windfall, equating to an astonishing $5.7 million in profit accrued annually over the past 11 years.
The sudden reactivation of these dormant BTC whales has sparked intense speculation within the cryptocurrency community. Many analysts posit that such a move could signify a pivotal shift in market sentiment.