Bitcoin wallet with $10.5 million worth of BTC awakened after 11 years

From Investing.com
September 11, 2024 11:30 AM:

An address holding 185 BTC worth over $10.5 million was suddenly activated after 11 years, sparking interest in the crypto community. The wallet had remained untouched for a decade, leading to speculation about the owner’s fortune and the reasons behind the long dormancy.

Bitcoin price dropped by almost 1% to $56,700, mirroring a risk-off sentiment in financial markets. Most of the crypto market was also in the red, with only a few assets like ICP showing gains. Glassnode’s CVD metric indicated increased sell-pressure in the spot markets, contributing to the downward trend in Bitcoin’s price.

Read more at Investing.com: Ancient Bitcoin Wallet Sees Epic Awakening After 11 Years of Dormancy By U.Today