According to data provided by Whale Alert, a Bitcoin wallet containing 407 BTC ($15.5 million at press time) has been activated for the first time since 2013.
Advertisement
? A dormant address containing 407 #BTC (15,460,523 USD) has just been activated after 8.3 years (worth 355,254 USD in 2013)!https://t.co/QxXaQHvmLI
— Whale Alert (@whale_alert) March 7, 2022
The coins were initially worth $355,254, which means that they have appreciated roughly 4,266%.
Bitcoin is currently trading at roughly $38,000 on major spot exchanges.
Bitcoin Treasury Giant Metaplanet Sinks 7% as Japan Eyes Crypto Hoarding Clampdown
Crypto Market Prediction: Shiba Inu (SHIB) Volumes Hit Zero, XRP's New Reality at $1, Is Bitcoin (BTC) in Useless Uptrend?
Big Day for XRP Coming, Shiba Inu (SHIB) Gains Utility in $2 Trillion Market, Scam Alert from Binance’s CZ — Crypto News Digest
Breaking: US Spot XRP ETF Officially Gets Listing Notice
Sun, 03/06/2022 - 19:15
Infamous Satoshi “Unmasking” Turns 8
Over the past few months, several similar Bitcoin wallets came to life after years of inactivity. Addresses that date back all the way to 2011 typically attract the biggest amount of public interest since they could be possibly linked to none other than Satoshi Nakamoto.
Meanwhile, a dormant Ethereum wallet containing more than $5 million worth of ETH awoke in late February.
Advertisement
Dan Burgin
Vladislav Sopov
U.Today Editorial Team