PANews reported on July 4 that according to Whale Alert monitoring, an address that had been dormant for 14.2 years had just been activated. The address contained 10,000 bitcoins (worth $1,079,663,069), which were only worth $33,999 in 2011. It is reported that this is the seventh bitcoin address that has been dormant for more than 14 years to be activated today.
According to previous news, a Coinbase executive said that the ancient whale that transferred tens of thousands of BTC today might be a single miner from 2011 who once held 200,000 BTC.
