A Bitcoin wallet containing millions of dollars in Bitcoin (BTC) has come out of latency. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money.
The wallet hadn't been used since 2013, just a few years after the mysterious creator of Bitcoin, Satoshi Nakamoto, disappeared. The wallet currently contains $ 15 million in BTC and it is unclear who owns this account or why it was just reactivated today.
The wallet has 321 BTC. After 8.8 years, the value of this cryptocurrency has risen from $ 6,594 to a staggering $ 15,103,046. For now, the funds in the wallet have appreciated almost 2,300 times.
The Bitcoin community is full of speculation as to who owns the wallet and why it just came out of inactivity. Some believe that it could be a whale, an individual or group with a large amount of Bitcoin, that is about to make a move that will shake the market.
If you are looking for a signal ... in 3 ... 2 ... 1 ... https://t.co/8ezk8Ub6Sz
- Mama Heqet 2.0 (@DaturaDaimonic) December 21, 2021
A Twitter user proposed various reasons for activating the wallet in the comment thread. According to them, there are many possibilities, since Satoshi Nakamoto decides to return to a patient investor who will now sell his BTC to someone who just remembered his opening phrase for the Bitcoin wallet.
Someone maybe discovered an old wallet exploit, maybe making not-so-random seed phrases or something. Too many waking up to be random ...
- Sapsicle Farmsโ (@SapsicleF) December 21, 2021
In recent months, several dormant Bitcoin wallets from 2011-2013 have been reactivated, each containing tens of millions of dollars in BTC. On September 19, the owner of an inactive Bitcoin wallet emptied his account and transferred the 616 coins to different accounts.
Related: Dead Coins and Wallets: Treasures of Atlantis or the Zombie Uprising?
The old dormant wallets of the early days of Bitcoin are being reactivated with massive amounts of cryptocurrencies inside them. The first investors who poured in a few hundred dollars and kept their bets have turned into BTC whales, and the values โโkeep rising.
Another Bitcoin wallet went live in January after being inactive since June 2010. The wallet had $ 5 million in BTC. In June 2021, another Bitcoin The whale account was activated with (or rather HODLing) 900 coins. On December 19, another idle address with 235 BTC ($ 11,114,901) was reactivated after 9.1 years. An inactive address containing 225 BTC was activated on December 16 after 8.4 years.
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