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COINOTAG News reported on October 24, citing Whale Alert, that a dormant BTC wallet—silent for more than 14 years—has suddenly reactivated. The address contains 4,000 BTC, valued at roughly $442 million at current prices. This on-chain event highlights the ongoing significance of Bitcoin holdings that have lain dormant for years and the role of Whale Alert in monitoring large-portfolio activity within the crypto market.
Back in 2011, those bitcoins traded for about $67,724, illustrating how early BTC accumulations can translate into multi-million-dollar wealth over time. The development underscores the importance of reliable blockchain analytics for market participants and risk managers, as fresh movements from long-dormant wallets can influence liquidity and price discovery without implying near-term actions.
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