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A recently discovered Bitcoin whale has been lying dormant for over 14 years before reactivating its account and sending a small transaction of 0.0018 Bitcoin to an anonymous wallet. According to Whale Alert, the previously inactive wallet now holds a staggering $468,046,931 worth of BTC, which is nearly half a billion dollars.
This whale was first active in 2011 when the price of one Bitcoin was approximately $0.37. Since then, it has been dormant for an astonishing 14.5 years before suddenly reactivating and making a small transaction to test its wallet’s functionality.
It remains unclear what this massive sum of money will be used for, but experts suggest that it could potentially drive up the price of Bitcoin as these large transactions can have a significant impact on the market trends.
Source: u.today
