Based on U.Today, a dormant Bitcoin address containing 357 BTC, valued at nearly $34 million, has been activated after 11 years. Such addresses often draw attention due to their potential links to early Bitcoin adopters. The reasons for the long inactivity can vary, including forgotten wallets or strategic hodling. The exact reason for this activation remains unknown, but it could be due to favorable market conditions or rediscovery of wallet keys. Bitcoin's price has seen fluctuations, with a recent high of $108,316, and predictions suggest it could reach $185,000 by Q4 2025. Galaxy Research forecasts significant growth driven by institutional and governmental adoption. Bitcoin is expected to continue outperforming other asset classes, including the S&P 500 and gold, in terms of risk-adjusted returns.
Dormant Bitcoin Whale with 357 BTC Awakens After 11 Years
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