Satoshi-era Bitcoin whale has reemerged, revealing astonishing 400,179% profit
A dormant Bitcoin address containing 48 BTC, valued at $2.57 million, was activated today after 13 years of inactivity, reports . 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.
Enormous Shiba Inu Comeback, Bitcoin at $58,000, but Don't Celebrate Too Early, Ethereum Below $3,000 Again This month has seen a trend of decades-old wallets reawakening, with today’s event being part of a broader pattern. Recently, U.Today reported on another dormant address activation containing approximately $8 million worth of In a recent case, the unknown whale, after 13 years of inactivity, transferred 1.949 BTC, equivalent to $111,450, to a new address, labeled"bc1q6p." Another 1 BTC was sent to another new address,"3J4Ng.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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