Multiple Dormant Bitcoin Whale Wallets Activate For The First Time!

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.