Satoshi-Era Bitcoin wallets with $16 million in BTC became active, causing 11% price surge.

From Investing.com

September 20, 2024 09:30 AM:

Several 2009 Bitcoin wallets have suddenly become active, each containing 50 BTC worth $3.18 million, totaling $16 million in transferred Bitcoin. The price of Bitcoin has surged over 11% this week, reaching $63,000, following a 3.36% increase in the past 24 hours, triggered by the Fed Reserve’s 50 basis points interest rate cut, the first in four years.

Read more at Investing.com: Satoshi-Era Bitcoin Miners Awaken En Masse Within One Hour – What’s Happening? By U.Today