An old Bitcoin wallet that had been dormant for over 11 years has been activated, recording a massive 32,087% gain.
According to blockchain data and information, this wallet containing 54 Bitcoins, which in 2013 was worth around $10,174, has been reactivated.
Today, the value of those Bitcoins has risen to $3,274,741.
This sudden activation of the wallet has raised many questions and speculations about the motives behind it, especially after a long period of inactivity.
The reasons and timing are still unknown, which gives this story a mysterious and exciting character.
Inactive wallets are usually believed to belong to early adopters or early-stage Bitcoin miners. Please vote
However, the identity of the wallet owner remains unknown, but this sudden activation has opened the door to various speculations.
It is possible that the owner was one of the early adopters who decided to take advantage of the massive gains, or perhaps the wallet was recently discovered after being forgotten for years.
Another possibility is that the owner decided to transfer the funds to a safer wallet.
At the time of writing, the price of Bitcoin was hovering around $61,800, having risen by 2% in the past 24 hours.
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