A massive whale just woke up after nearly 12 years of hibernation
provided by Spot On Chain, a dormant Bitcoin wallet woke up earlier today after nearly 12 years in order to transfer $60 million worth of Bitcoin to two wallets.
The wallet initially received 1,000 coins in September 2012. Back then, Bitcoin was still an obscure project that had yet to break into the mainstream. It was trading at just a little over $12. Biggest XRP Recovery in 2024, Will Shiba Inu Join Explosive Market Rally? Bitcoin : Are We Ready for $70,000?For instance, two addresses containing a total of 50 Bitcoins were activated on July 12 after more than a decade of inactivity.
So far, there have been two whale wallets with more than 1,000 Bitcoins that have been activated this month. Such intense activity displayed by long-dormant whales this July is rather unusual. For comparison, only three transactions involving long-dormant Bitcoin whales were recorded by Whale Alert in April. In May, six such transactions took place. In June, the popular service for whale watching logged no activations of long-dormant wallets.
Biggest XRP Recovery in 2024, Will Shiba Inu Join Explosive Market Rally? Bitcoin : Are We Ready for $70,000?Biggest XRP Recovery in 2024, Will Shiba Inu Join Explosive Market Rally? Bitcoin : Are We Ready for $70,000?
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