Ancient Bitcoin wallet with 150 BTC worth $9.8 million becomes active after 10 years
From Investing.com
September 29, 2024 2:30:20 PM:
A dormant Bitcoin wallet that had been untouched for 10.5 years suddenly becomes active, containing 150 BTC worth $9,831,428. This trend of ancient wallets reawakening sparks speculation in the crypto community as holders may be preparing to sell or secure their assets amidst market movements.
Bitcoin price reaches $65,806, up 0.48% in 24 hours, with a high of $66,550. BTC is up 56% in 2024, influenced by U.S. Bitcoin ETF inflows. Interest-rate cuts globally, led by the U.S. Federal Reserve, have helped Bitcoin break a seasonal September slump, making it one of the best-performing months for the cryptocurrency.
Read more at Investing.com: Ancient Bitcoin Whale Awakens After 10 Years of Dormancy: Details By U.Today