There are many wallets that have not been used for a long time, from the time when the leading cryptocurrency Bitcoin (BTC) first appeared. But recently, the 11-year-old wallet became active for the first time.

   "A dormant address containing 489 #BTC (20,242,263 USD) has just been activated after 11.4 years (worth 50 USD in 2010)!"

According to the data obtained by Whale ; The dormant Bitcoin (BTC) wallet has been activated for the first time since 2010. The wallet has a total of 489 BTC. The wallet balance, which was about $ 50 at that time, corresponds to $ 18.1 million for BTC, which was traded at $ 39,276 at the time of publication. There is also speculation about whether the wallet and its owner have enough faith to hold cryptocurrencies for more than a decade. Recently, another Bitcoin (BTC) wallet that has been dormant since 2013 was activated.

bitcoin whale btc

The fact that the address dates back to the years when Satoshi Nakamoto, the creator of Bitcoin, was active, also aroused a special interest in him. Wallets that have been reactivated years later are generally interpreted as investors re-found their private keys after many years.

Latest Status in Bitcoin

Bitcoin price is $39,276 at the time of writing and the 24-hour trading volume is $27,199,755,890. BTC price is down -6.9% in the last 24 hours. While there is a supply of 19 Million BTC coins in circulation, there is a total supply of 21 Million coins. Binance is currently the most active market for BTC trading.

Bitcoin, which rose to the level of 42 thousand dollars with the increase in value during the week, experienced a 5.5% depreciation in the last 24 hours, according to CoinGecko data, and once again fell below the critical support point of 40 thousand dollars. In this process, Bitcoin, which was withdrawn to the level of 39 thousand 200 dollars, also led the decline in altcoins. In the said decline process, Ethereum (ETH) regressed to $ 2 thousand 585, while the market value of the crypto money industry in general decreased to $ 1.82 trillion.