{"id":132433,"date":"2024-07-05T06:30:07","date_gmt":"2024-07-05T03:30:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132433"},"modified":"2024-07-04T19:15:33","modified_gmt":"2024-07-04T16:15:33","slug":"dormant-bitcoin-wallet-with-6-99-million-reawakens-after-12-4-years","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dormant-bitcoin-wallet-with-6-99-million-reawakens-after-12-4-years\/","title":{"rendered":"Dormant Bitcoin Wallet with $6.99 Million Reawakens After 12.4 Years"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/whale-alert.io\/transaction\/bitcoin\/fa9e5b4cf7f7f78144668806f1070f92d5bdf487ce330f0d9a5ce13989dc8c99\" target=\"_blank\" rel=\"nofollow\">address<\/a><\/strong>, which holds 119 BTC now valued at nearly $7 million, was worth just $599 back in 2012, marking an incredible gain of over 1,166,666%.<\/p>\n<p>This recent reawakening signals a potential market sell-off, as it suggests the holder might be planning to liquidate their <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, which can increase selling pressure and potentially drive prices down.<\/p>\n<p>Interestingly, this isn\u2019t an isolated case. There has been a noticeable trend this month of old Bitcoin wallets becoming active again.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-whales-have-amassed-over-300-million-worth-of-bitcoin-in-the-last-month\/\" title=\"Crypto Whales Have Amassed Over $300 Million Worth of Bitcoin in the Last Month\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoin-whales-16-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Whales Have Amassed Over $300 Million Worth of Bitcoin in the Last Month<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>For instance, just a few hours before this latest reactivation, Whale Alert reported another dormant address coming back to life with around $2.6 million worth of BTC. Additionally, on July 2, an address containing $2.1 million in Bitcoin was activated after 13 years of inactivity.<\/p>\n<p>These movements are particularly noteworthy against the backdrop of Bitcoin\u2019s recent price struggles. The cryptocurrency recently dipped to $57,300, a level not seen since late April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Bitcoin address that has been inactive for over 12 years has suddenly become active, according to Whale Alert.<\/p>\n","protected":false},"author":3,"featured_media":132434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-132433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dormant Bitcoin Wallet with $6.99 Million Reawakens After 12.4 Years<\/title>\n<meta name=\"description\" content=\"A Bitcoin address that has been inactive for over 12 years has suddenly become active, according to Whale Alert.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/dormant-bitcoin-wallet-with-6-99-million-reawakens-after-12-4-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dormant Bitcoin Wallet with $6.99 Million Reawakens After 12.4 Years\" \/>\n<meta property=\"og:description\" content=\"A Bitcoin address that has been inactive for over 12 years has suddenly become active, according to Whale Alert.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-05T03:30:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-currency-3341344_1280.jpg\" \/>\n\t<meta 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