Satoshi era Bitcoin wallet with 64 BTC worth over $4.1 million is activated after 13.6 years

From Investing.com

August 25, 2024 08:30 AM:

1. A dormant Bitcoin wallet from the early days of Bitcoin, potentially linked to mysterious founder Satoshi Nakamoto, has been activated after 13.6 years. The wallet contains 64 BTC worth over $4.1 million, sparking interest in the “Satoshi era” of Bitcoin activity.

2. Recent weeks have seen multiple dormant Bitcoin wallets being activated, with massive gains recorded. One wallet saw a 11,454% increase after 10.8 years, while another wallet saw 8,844% gains after 10.7 years of inactivity. Early adopters’ wallets are reawakening, showcasing the early stages of Bitcoin history.

3. Bitcoin price surged to $64,987 following remarks by U.S. Federal Reserve Chairman Jerome Powell hinting at a monetary easing cycle starting next month. As a result, Bitcoin reached $64,529 in Saturday’s trading. Despite a slight dip, BTC remains valued at $63,929 with future resistance at $67,300 for potential climb to $80,500.

Read more at Investing.com: Satoshi Era Bitcoin Wallet Suddenly Awakens: Details By U.Today