Markets· ★★★· bearish·

Dormant address holding 500 BTC wakes up after 10.7 years

  • —Address inactive for 10.7 years was activated
  • —Wallet holds 500 BTC worth $41.5 million
  • —The coins were worth $194,955 in 2016
Why it matters: Old wallets waking up often precede selling and add to bearish pressure on bitcoin's price.
#BTC
Source: PANews
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