The post Multiple Dormant Bitcoin Whale Wallets Activate For The First Time! appeared first on Coinpedia Fintech News
As per the latest reports, some inactive whale wallets for over a decade have suddenly been activated. This has sparked speculation about whether the owners are cashing out, or it’s a strategic move amid market volatility. On-chain data reports the activation of two wallets that have remained untouched for over a decade in the last 24 hours. Reportedly, a dormant address containing 429 BTC worth $41,707,628 has resurfaced after 10.9 years, while another dormant address containing 404 Bitcoins worth $39,330,452 has just been activated after the same period. Moreover, on 29th November, a dormant address containing 16 BTC worth $1,558,440 was activated after 11.0 years.