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Bitcoin Wallet Awakens After 13 Years With $53 Million Profit

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According to a post shared by Cointelegraph, a Bitcoin (BTC) wallet has awakened after nearly 13 years of dormancy, with more than $53 million in profit. The wallet moved 0.25 BTC, worth about $28,000, after being inactive for more than a decade. The wallet still holds 479.44 BTC valued at $53.56 million. Source: Cointelegraph Why Did The Bitcoin Wallen Wake Up? Vanadi Coffee Bitcoin Treasury Plan – Source: Tekedia It is possible that the wallet owner wanted to take out the principal amount invested. Since the wallet was asleep for such a long time, it is possible that the wallet owner forgot or lost their keys, and found it after more than 12 years. There is also a possibility that the wallet owner wants to book profits after Bitcoin (BTC) hit an all-time high of $124,128 in August. BTC Entering Consolidation Phase? Bitcoin (BTC) has faced a steep correction after its ascent to a new peak last month. BTC’s price is down by 10.6% since its all-time high. According to CoinCod...