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Just when you thought the crypto market had settled into a lull, two long-dormant Bitcoin wallets have sprung back to life after nearly a decade of silence, moving a jaw A dormant whale resurfaced after 11 years on Tuesday, moving over $250 million worth of Bitcoin (CRYPTO: BTC). What Happened: According to the on-chain tracking Citing a tweet from Whale Alert, Lookonchain revealed that three whales worth $225 million worth 8,199 BTC have resumed activity over the past five days. First, a dormant address containing Citing Whale Alert’s tweets, Lookonchain revealed that three whales with 8,199 BTC worth $225 million have renewed activity over the past five days. First, a dormant A Bitcoin (BTC) wallet with over US$250M (AU$397M) worth of BTC has suddenly awoken after eight years of dormancy. Data from blockchain analytics platform A dormant Bitcoin investor has recently transferred 3,000 BTC worth over $250 million after nearly a decade of silence. The funds were sent to another wallet rather than

Dormant Bitcoin Whales Worth $225 Million Spark Crypto Market Buzz

Just when you thought the crypto market had settled into a lull, significant activity is brewing! Discover how three dormant Bitcoin whales, holding a combined 8,199 BTC worth a staggering $225 million, have suddenly renewed activity after years of silence. This unexpected movement is sending ripples through the crypto community, prompting speculation and analysis about potential market impacts.

Whale Activity Resurfaces After Years of Dormancy

Citing Whale Alert’s tweets, Lookonchain revealed that three whales with 8,199 BTC worth $225 million have resumed activity over the past five days. First, a dormant address containing a substantial amount of Bitcoin became active. This comes as another dormant whale resurfaced after 11 years on Tuesday, moving over $250 million worth of Bitcoin (CRYPTO: BTC). What Happened: According to on-chain tracking, this recent surge in activity involves multiple large wallets that had been inactive for extended periods.

A Bitcoin Wallet Awakens After Nearly a Decade

The re-emergence of these dormant whales highlights the unpredictable nature of the cryptocurrency market. A Bitcoin (BTC) wallet with over US$250M (AU$397M) worth of BTC has suddenly awoken after eight years of dormancy. Data from blockchain analytics platform reveals detailed transaction histories and potential destinations of these funds. Similarly, a dormant Bitcoin investor has recently transferred 3,000 BTC worth over $250 million after nearly a decade of silence. The funds were sent to another wallet rather than an exchange, adding another layer of intrigue.

$225 Million in BTC on the Move: What Does it Mean?

Citing a tweet from Whale Alert, Lookonchain revealed that three whales worth $225 million worth 8,199 BTC have resumed activity over the past five days. First, a dormant address containing a large quantity of Bitcoin has sprung back to life. The implications of these large-scale Bitcoin movements are significant. Will this trigger a sell-off, or are these whales repositioning their assets for long-term holding? Stay tuned for further updates as we continue to monitor this developing situation.

While the exact reasons for this sudden activity remain unknown, the renewed engagement of these dormant Bitcoin whales is undoubtedly a noteworthy event that demands close attention from crypto enthusiasts and investors alike. This adds to the trend of dormant Bitcoin wallets springing back to life after nearly a decade of silence, moving a jaw-dropping amount of cryptocurrency.

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