{"id":138320,"date":"2024-10-02T08:30:44","date_gmt":"2024-10-02T05:30:44","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138320"},"modified":"2024-10-01T17:32:54","modified_gmt":"2024-10-01T14:32:54","slug":"dormant-bitcoin-wallet-holding-2-6m-revives-after-a-decade","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dormant-bitcoin-wallet-holding-2-6m-revives-after-a-decade\/","title":{"rendered":"Dormant Bitcoin Wallet Holding $2.6M Revives After a Decade"},"content":{"rendered":"<p>Whale Alert, a platform that tracks blockchain transactions, <strong><a href=\"https:\/\/x.com\/whale_alert\/status\/1840890755780424049?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1840890755780424049%7Ctwgr%5E775071edaf05cf4da95611780bfd563e7bf744f8%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fancient-bitcoin-whale-reawakens-after-decade-as-epic-market-cycle-unfolds\" rel=\"nofollow\">reported<\/a><\/strong> that an address holding 41 <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>, valued at over $2.6 million, suddenly became active after nearly 11 years of inactivity, transferring its entire balance to another wallet.<\/p>\n<p><img decoding=\"async\" class=\"wp-image-129790 alignnone\" src=\"https:\/\/cryptodnes.bg\/wp-content\/uploads\/2024\/10\/Screenshot-2024-10-01-at-16.31.49.png\" alt=\"\" width=\"644\" height=\"365\"><\/p>\n<p>Interestingly, this address stayed inactive throughout Bitcoin\u2019s major price surges, making the recent transfer a notable event tied to Bitcoin\u2019s shifting market cycles.<\/p>\n<p>Ki Yong Joo, CEO of CryptoQuant, recently explained the phases of Bitcoin\u2019s market evolution. He described how older whales tend to reactivate their holdings first, followed by the emergence of new whales who later transition into retail investors.<\/p>\n<p><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\">Read More:<\/h5>\n    <a class=\"article row post-129620\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Eventually, these retail holders mature into long-term players in the market. Joo also highlighted that Bitcoin inflows to exchanges remain steady, a contrast to previous bear market trends.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A long-dormant Bitcoin wallet has been reactivated after more than 10 years, sparking interest in the crypto community.<\/p>\n","protected":false},"author":3,"featured_media":27640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,108,248],"coin_category":[],"class_list":["post-138320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-price","tag-whales"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dormant Bitcoin Wallet Holding $2.6M Revives After a Decade<\/title>\n<meta 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