PANews reported on July 4 that Whale Alert monitored an address that had been dormant for 14.2 years, which has just been activated. This address contains 10,009 bitcoins (worth $1,079,347,791), while in 2011, these bitcoins were only worth $33,994. It is reported that this is the 8th dormant bitcoin address inactive for over 14 years that has been activated today.
According to previous news, a Coinbase executive stated that a transfer of tens of thousands of BTC by an ancient whale today may be from a single miner from 2011, who once held 200,000 BTC.
