Bitcoin wallet holding over $1 million reactivated after 11 years, sparking interest in crypto community

From Investing.com

December 1, 2024 08:30 AM:

A dormant Bitcoin address containing 11 BTC worth over $1 million has been reactivated after 11.6 years, sparking curiosity within the crypto community. Similar patterns have been observed with other long-dormant wallets coming back to life, including addresses with hundreds of BTC activated after over a decade of inactivity.

Bitcoin’s price surged by 37.42% in November, marking the strongest month since February. At the time of writing, Bitcoin was trading slightly up at $97,181, after reaching an intraday high of $97,229. The cryptocurrency hit highs of $98,750 on Nov. 29 before stabilizing in a narrow range.

Read more at Investing.com: Dormant Bitcoin Wallet Awakens After 11 Years: Details By U.Today