According to Foresight News, a Bitcoin address that had been dormant for approximately 10.7 years has been activated. The address transferred 500 Bitcoin (BTC), which is estimated to be worth around 30.51 million USD. The transaction was detected by Whale Alert, a live tracker for cryptocurrency transactions. The activation of such a long-dormant address and the subsequent large transfer of Bitcoin has sparked interest in the cryptocurrency community. However, the identity of the address owner and the reason for the sudden activation and transfer remain unknown.
Dormant Bitcoin Address Activates After 10.7 Years, Transfers 500 BTC
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