🌟A Bitcoin wallet that has been dormant for 11 years has revived, with an unrealized return on investment of more than 420 times!
Today we have witnessed another miracle in the history of cryptocurrency! A Bitcoin wallet that has been dormant for 11 years has been revived, and its value has soared from $14,000 to a staggering $6 million!
🔔 This long-dormant Bitcoin address suddenly became active on August 29, with 100 BTC lying in it, which is worth nearly $6 million at today's market price. This makes us admire the patience and foresight of the wallet owner.
👀 The crypto community has been discussing this, some people praised this as a true manifestation of "diamond hands", and some people thought that the wallet owner may have missed the opportunity to cash out at the peak of Bitcoin prices.
🔄 But this is not an isolated case. In recent weeks, we have witnessed the reactivation of multiple Bitcoin addresses that have been dormant for many years. On August 7, a wallet that had been dormant since May 2010 was reactivated, transferring 250 BTC worth nearly $14 million. The wallet was reportedly associated with an anonymous miner and was originally worth only $250 at the time.
Then, on August 17, another address containing 18 BTC was reactivated after 10.3 years of inactivity, and its value soared from $9,204 in 2014 to $1.091 million. The resurgence of these "sleeping dragons" seems to indicate that the wealth of early investors is awakening.
Chainalysis' report in March pointed out that there are currently more than 1.7 million Bitcoin addresses that have been dormant for more than ten years since the last activity. This period of inactivity was specifically named the "Satoshi Era" to pay tribute to the founder of Bitcoin.
📈 These events also remind us that the value of Bitcoin and other cryptocurrencies can change dramatically in a short period of time. For those who enter the market early and hold on, the rewards of time are huge.
At the same time, with the continuous advancement of technology and the gradual maturity of the market, we have reason to believe that more "Nakamoto era" wallets will be awakened in the future and release their long-sealed value.
💬 Finally, what do you think of the revival of these Bitcoin wallets that have been dormant for more than ten years? If you are the owner of these wallets, what would you do now?See you in the comments section!