Bitcoin Whale Resurfaces After 10 Years with Almost $30M in Assets

A Bitcoin wallet that had been inactive for over a decade has recently been reactivated, attracting attention from the blockchain tracker Whale Alert.

This dormant wallet, untouched since 2014, holds a staggering 300 BTC, which is currently valued at approximately $29.37 million. Its last activity dates back to a period when Bitcoin was still in its early days, just after the disappearance of its creator, Satoshi Nakamoto, and just before the Ethereum ICO.

This particular wallet is part of a broader trend of long-forgotten Bitcoin holdings being revived, especially during the latter half of last year.

As Bitcoin experienced a series of price surges, culminating in a record high of $109,114 on January 20, many early Bitcoin holders decided it was the right moment to cash in.

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The timing coincided with growing interest in Bitcoin as a potential strategic reserve, especially with the new U.S. administration showing support for cryptocurrency.

For some long-term holders, the recovery of old keys and wallets that had been lost or forgotten about over the years has allowed them to unlock substantial profits.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.