Dormant Bitcoin Address Moves $84.6 Million After 13 Years

A Bitcoin address dormant for 13 years moved 909.38 BTC worth approximately $84.62 million, according to blockchain intelligence platform Arkham. The coins, acquired when Bitcoin was priced below $7, have appreciated nearly 13,900 times. The reactivation of this long-time holder, commonly referred to as a ‘whale,’ has raised concerns about possible market volatility and investor sentiment shifts.

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