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2021-12-20 20:20:11

Bitcoin Whale Address Containing $11 Million Activates After 9-Year Dormancy

Another bitcoin wallet containing millions of dollars worth of BTC has come out of dormancy. As time goes on, more and more of these wallets are being reactivated by their owners who have, for one reason or another, not transacted using these wallets for years despite having what is considered life-changing money in them. This one has not had any activity on it in over nine years and has now activated after a long stretch of dormancy. Whale Wallet Activates Whale Alert, a service that posts activity from wallets with large holdings, reported on Sunday that a dormant bitcoin wallet had reactivated. This wallet contained a total of 235 BTC, amounting to $11,114,901. The wallet had not seen any activity for 9.1 years and was reactivated in 2021. The wallet had moved a total of 100 BTC in a $4.7 million transaction. 💤 A dormant address containing 235 #BTC (11,114,901 USD) has just been activated after 9.1 years!https://t.co/TWnFkwIWfr — Whale Alert (@whale_alert) December 19, 2021 Related Reading | Struggling Prices Beats Bitcoin Expectations Down From $100K To $50K The wallet which had sat for almost a decade without any activity had promptly gone on to carry out multiple transactions. In the next couple of hours, the wallet holder performed a couple of transactions that emptied out the balance of the wallet into another wallet and the balance now sits at zero. BTC slumps ahead of market opening | Source: BTCUSD ...

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