11.6-Year Dormant Bitcoin Wallet Awakens, Moves 300 BTC Worth $29.83 Million

According to Whale Alert data reported by COINOTAG News on June 23, a long-dormant Bitcoin wallet was reactivated at approximately 3:01 AM Beijing time. This wallet, inactive for over 11 years, contained a significant holding of 300 BTC, which was valued at around $29.83 million at current market prices. The original valuation of these coins in 2013 was approximately $60,902, highlighting the substantial appreciation of Bitcoin over the past decade. This movement underscores the enduring value and volatility inherent in the cryptocurrency market, providing key insights for investors monitoring large-scale asset transfers from legacy addresses.