Dormant Bitcoin Addresses Activated After Over A Decade

According to Odaily, several long-dormant Bitcoin addresses have been reactivated, marking significant movements in the cryptocurrency world. At 1:22 AM UTC+8, an address containing 26 BTC, valued at approximately $2,552,125, was activated after being inactive for 12.2 years. This event was closely followed by another activation at 5:20 AM UTC+8, where an address holding 11 BTC, worth around $1,058,951, came back online after 11 years of dormancy. Notably, these Bitcoins were valued at just $9,863 back in 2013. Later, at 6:18 AM UTC+8, a third address containing 50 BTC, with a current value of about $4,769,231, was activated after being dormant for 14.2 years. These activations highlight the potential for significant shifts in the cryptocurrency market, as long-held assets are moved after years of inactivity. The reactivation of these addresses raises questions about the intentions behind these movements and their potential impact on the market.