Bitcoin: Dormant BTC Address Worth $10M Awakens After 11 Years
In a shocking move, a dormant wallet address holding $10 million worth of Bitcoin has awoken after 11 years of inactivity. Crypto analytic platform Whale Alert took to X (formerly Twitter) to report the awoken wallet. It remains an interesting development for crypto holders, as it first came to be when the industry was still in its infancy. The wallet resurfaces as Bitcoin has struggled in recent weeks. However, it is far ahead of where the price for BTC was a decade ago. In 2014, the price surpassed the $1,000 mark for the first time. Yet, it ended the year just above the $732 price point. A far cry from its current standing. Also Read: Bitcoin at a Crossroads: BTC Faces Q4 Drop or Surge to $70,000 Bitcoin Wallet Awakens After 11 Years With $10M BTC Stash 2024 has been the biggest year yet for Bitcoin. Although the price has struggled, it has still set new records. The leading digital asset became the first crypto-based ETF in the United States. Arriving in January, it took just three...