On Monday, as Bitcoin rebounded from a recent dip to $52,546, a dormant Bitcoin wallet became active. The wallet, inactive since November 20, 2013, transferred 146.43 BTC.
This movement of Bitcoin, valued at just over $8 million, comes at a time when the cryptocurrency market is experiencing volatility.
The reactivation of long-dormant wallets can sometimes signify the resurgence of early investors or potentially lead to future market movements.
Source: news.bitcoin.com ↗