Dormant Bitcoin Whale Awakens After 13-Year Slumber, Sends 43 BTC
A long-dormant Bitcoin whale address has become active after 13 years, according to on-chain data. The address, which accumulated 801 BTC between 2009 and 2012, when the price ranged between $124.86 and $411.75, has now moved 43 BTC. This possible test transaction has left the address's current unrealized profit at $67.82 million. The news was reported by Huo Xing Finance on October 4. The address's inactivity for over a decade sparked speculation about its status, but the recent movement has shed some light on its current state.