Recently, several dormant Bitcoin addresses have been reactivated, causing concerns among cryptocurrency enthusiasts.
Whale Alert
Report
To reawaken
Bitcoin
Addresses inactive for over a decade. This particular wallet holds 43 BTC, now valued at approximately $25,000.
In mid-October, Bitcoin prices surged significantly, especially with a substantial influx into the spot Bitcoin ETF, reaching an all-time high (ATH) of over $60,000. Since then, Bitcoin’s price has seen some adjustments, currently trading slightly above $50,000.
In October 16, two dormant Bitcoin whale addresses “1vRqA” and “500DUJuH” became active again. They each contain XNUMX BTC and became inactive again within a day.
Read more:
Is the Bitcoin bull market over? – This is the view of CryptoQuant analysts.
Similarly, an address dormant for five and a half years reappeared in early October, transferring 535 BTC (then valued at approximately $XNUMX million) to the Binance exchange.
