On October 15, COINOTAG reported via Whale Alert that a dormant Bitcoin wallet containing 100 BTC was activated. The cryptocurrency, valued at approximately $6,585,848, had been held without movement for 13.2 years.
This event indicates the actions of major Bitcoin holders, or "whales," which may signify changing market dynamics. As such, the crypto community is closely observing these developments to assess their potential impact on Bitcoin's price and the broader market trends.