Whale reactivates dormant Bitcoin wallet, sees massive profit increase

From Investing.com

September 5, 2024 3:00:25 pm:

A dormant whale recently reactivated a wallet after 11.9 years, revealing a 500,772% profit increase on 31 BTC worth $1,813,156 now. Several whales have returned from dormancy showing huge percentage gains in profits, per Whale Alert. Bitcoin ETFs continue to experience outflows, with $37 million lost on Wednesday, impacting market sentiment alongside other market factors such as a sell-off in U.S. stocks and antitrust investigations in chip-making companies.

Read more at Investing.com: Satoshi-Era Bitcoin Wallet Resurrected With Millions in BTC and 500,772% Profit By U.Today