Bitcoin can also be issued again. A "wallet" that has been dormant for 14.2 years and contains 10,000 BTC is about to awaken. The owner of this address holds at least 80,000 BTC, which originally cost $1.65, and at the current market price has multiplied directly by 66,000 times, making their net worth soar to $8 billion.~
Let me explain a bit, ~
A Bitcoin address is a unique identifier used to receive Bitcoin on the blockchain network, similar to a bank account number in the traditional financial system. It is generated by processing a public key through a hashing algorithm (such as SHA-256 and RIPEMD-160) and is a public string.~
If you own the private key, only then do you own the Bitcoin assets in that address.~
Now the question arises~
If many Bitcoin addresses wake up, can the value of Bitcoin still stabilize at $110,000 per coin?~
Why do Bitcoin addresses go dormant?~
Because the early Bitcoin ecosystem was not well-developed, exchanges frequently had security vulnerabilities (such as the Mt. Gox incident), and users lost their assets due to hacking attacks, exchange closures, etc., causing the corresponding addresses to also go dormant.~#BTC #ETH #pi #PiJS