Two Bitcoin whales, dormant since 2014, recently moved a total of 3,422 BTC valued at $324.2 million. The whales, known as '1NWPS' and '1PiEK,' had been inactive for over a decade before making these significant transfers. The reasons behind the movements remain a mystery, with the identities of the wallet owners undisclosed. This surge in whale activity coincides with a trend of increased movement among long-dormant Bitcoin holders. Recent data shows a 110% rise in the transfer of aged BTC compared to the previous year. The resurgence of old-school whales has been notable, with one wallet inactive since 2016 moving over $250 million in Bitcoin. The motivations behind these resurgences vary, from capitalizing on high prices to simply reorganizing holdings. The reactivation of long-dormant wallets may also stem from owners recovering lost keys or updating storage methods. Read more AI-generated news on: https://app.chaingpt.org/news

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