According to data provided by Whale Alert, which tracks whale-level wallet addresses and publicly shares notable activity, there is a coin that has not shown any activity for 10.8 years. Bitcoin $60,521 wallet address became active again. There are exactly 100 BTC in the wallet address. The value of BTCs held by the wallet is approximately $6.1 million. In 2014, the total value of Bitcoins in the wallet address was only $83. This shows that there has been a significant increase in value over the intervening period.
Whale’s Earnings Exceeded 6 Million Dollars
Whale Alert This movement, detected by , had a great impact in the cryptocurrency world. While Bitcoin was worth 83 dollars in 2014, today the total value of 100 BTC is 6,113 million dollars.
This shows a gain worth approximately $6 million for the owner of the wallet address in question. Activation of such wallet addresses that remain inactive for a long time cryptocurrency marketIt is among the events that always attract attention. Such movements are considered a sign of market volatility for both investors and analysts.
Mobility in the Bitcoin Market
Such events once again reveal the long-term potential of Bitcoin. biggest cryptocurrencyThe great increase in the price of s in recent years causes old wallet addresses to become active again.
in question wallet addressThe reactivation of WHA also reminds us how the movements of big whale investors can cause fluctuations in the market. cryptocurrency marketwallet addresses and large transfers that have remained dormant for years have been constantly monitored and attracted great attention. The reactivation of a wallet address that has been inactive for more than 10 years is always considered an interesting development.
Monitoring services such as Whale Alert are used to instantly report such transfers and play an important role in understanding the dynamics of the cryptocurrency market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.