According to Whale Alert monitoring, a long-dormant Bitcoin address was activated after 14.2 years of dormancy, containing 10,000 BTC. These Bitcoins were worth only about $34,000.00 in 2011, while their current value has soared to approximately $1.09 billion. The movement of this address has attracted market attention, but the flow of funds and the identity of the holder are still unclear. Such actions by early Bitcoin holders are often seen as market sentiment indicators, but the specific intentions still need further observation. [ChainCatcher]
According to Whale Alert monitoring, a long-dormant Bitcoin address was activated after 14.2 years of dormancy, containing 10,000 BTC. These Bitcoins were worth only about $34,000.00 in 2011, while their current value has soared to approximately $1.09 billion. The movement of this address has attracted market attention, but the flow of funds and the identity of the holder are still unclear. Such actions by early Bitcoin holders are often seen as market sentiment indicators, but the specific intentions still need further observation. [ChainCatcher]