According to the information shared by crypto data monitoring site Whale Alert, a wallet containing 321 Bitcoins took action 8 years later.
A Bitcoin wallet that has been inactive since 2013 and currently holds approximately $15 million worth of Bitcoin has been activated.
There is no information about why the unknown Bitcoin wallet is taking action now.
Bitcoins, which were worth $6,594 8 years ago, have increased 2290 times to approximately $15 million.
💤 A dormant address containing 321 #BTC (15,103,046 USD) has just been activated after 8.8 years (worth 6,594 USD in 2013)!https://t.co/JCZ1I3yO6Y
— Whale Alert (@whale_alert) December 21, 2021
Various speculations are circulating in the crypto community as to why the inactive Bitcoin wallet is taking action.
Some in the crypto community think that the Bitcoin wallet in question may belong to a whale with a large amount of Bitcoin, which is about to make a move that will shake the market.
Recently, inactive wallets containing millions of Bitcoins have started to become active. Finally, on September 19, an inactive Bitcoin wallet became active and the owner of the wallet emptied his account and transferred all 616 Bitcoins in the wallet to different accounts.
*Not investment advice.