11,454% Bitcoin Profit Stirs Dormant BTC Whale Back to Life: Details
According to on-chain data, a dormant Bitcoin address has returned to life after being inactive for 10.8 years, sparking curiosity in the cryptocurrency community.
Blockchain data tracker Whale Alert states, "A dormant address containing 142 BTC currently valued at $8,457,465 has just been activated after 10.8 years (worth $78,150 in 2013)." In 2013, the 142 BTC were worth $78,150, representing an incredible 11,454% growth in value.
Bitcoin climbs to $61,000 Bitcoin surged to a high of $61,849 in Tuesday's trading session after the strong U.S. jobs market through 2023 and early 2024 proved to be weaker than expected, boosting BTC's sluggish price action. According to the most recent adjustments by the Bureau of Labor Statistics, the United States added 818,000 fewer jobs than previously estimated for the period March 2023 to March 2024. That translates to 2.1 million jobs growth over one year, versus 2.9 million in previous figures or average monthly growth of 174,000 versus 242,000.
At the time of writing, Bitcoin was still sustaining gains, up 2.86% in the last 24 hours to $60,882, after reaching intraday highs of $61,237 in today's trading session.
It is also not unimportant as it celebrates another year, WBT continues to play a crucial role in the WhiteBIT ecosystem, offering benefits like reduced trading fees, staking opportunities, and exclusive access to platform features. Over the past year, WBT has grown steadily, becoming an integral part of WhiteBIT mission to provide secure and innovative trading solutions. Here’s to another year of growth and success for WBT and its community!
