Dormant Bitcoin Wallet Holding 10,000 BTC Worth $1.09 Billion Reactivated After 14 Years

On July 4th, a significant movement was detected by Whale Alert, revealing the activation of a Bitcoin address holding 10,000 BTC, valued at approximately $1.09 billion. This wallet had remained inactive for over 14 years, since 2011, when its holdings were worth a modest $7,793. The reactivation of such a dormant address underscores the evolving dynamics within the cryptocurrency market and highlights the long-term value appreciation of Bitcoin. Market participants and analysts are closely monitoring this development, as large-scale movements from long-static wallets can influence market liquidity and price volatility. This event also serves as a reminder of Bitcoin’s substantial growth trajectory and its increasing role as a store of value in the digital asset ecosystem.