Dormant Bitcoin Wallet Activates After 8.3 Years

On March 7, 2022, Whale Alert reported that a Bitcoin wallet last active in 2013 has come back online. The Bitcoin wallet contained 407 BTC i.e., $15.5 Million. 💤 A dormant address containing 407 #BTC (15,460,523 USD) has just been activated after 8.3 years (worth 355,254 USD in 2013)!https://t.co/QxXaQHvmLI — Whale Alert (@whale_alert) March 7, 2022 At the beginning of 2013, the price of Bitcoin (BTC) was $13 which then peaked at $1,100 in November and December. The total number of coins in the Bitcoin wallet was initially worth $355,254. Currently, the value of Bitcoin is trading at approximately $38,000 on major crypto exchanges. Over the past few years, there have been several similar cases of dormant Bitcoin wallets coming online. Addresses dating back to 2011 have garnered a lot of attention from the public. As crypto enthusiasts usually believe that such dormant addresses that have been eleven years also could be possibly linked to Satoshi Nakamoto.The post Dormant Bitcoin Wallet Activates After 8.3 Years appeared first on Cryptoknowmics-Crypto News and Media Platform.