Whale Alert, one of the important tracking platforms of the crypto money market, announced that a long -standing Bitcoin wallet has become active. The wallet was used for the first time after 10.9 years. The wallet, which has not performed any transactions since 2014, contains 300 BTC. This amount corresponds to about 29.4 million dollars with the current market value.
Crypto currency whales again on the market
Recently, the increase in the price of Bitcoin has led to the re -revival of the wallets that have remained immobile for many years. In November and December, with the highest levels of Bitcoin history, similar “awakenings” was frequently realized. Finally, on January 20, Bitcoin reached $ 109,114, the highest level of all time on the day the new US president took office.
It is known that the new US president has evaluated whether the country can create a strategic Bitcoin reserve in the coming years. Therefore, it is a remarkable strategy to move their BTCs at such a time. However, all the owners of the old wallets that have taken action may not act for the realization of profit realization. It is known that some early Bitcoin owners have not been able to access their accounts for years because they lost their passwords. Thanks to the technology and rescue methods that have developed in recent years, the return of wallets that have not been reached for a long time has become more common.
14,000 BTC moved, but sales are not expected
Last week, a total of 14,000 BTCs, which were still in still seven to ten years, were reported. On-Chain Analysis Company Cryptoquant said that this large amount was not transferred to any crypto money exchange and therefore it was less likely to go on sale.
In the midst of these developments, a slight retreat in the price of Bitcoin. Bitcoin was traded at the level of $ 97,440 with a drop of 1.18 %in the last 24 hours. While the volatility in the crypto currency market continues, the moves of the old Bitcoin owners who have moved many years later are closely monitored.
