Bitcoin Whale Wallets Awaken Since BTC Surpassed $90,000

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November witnessed the activation of many "hibernating" BTC wallets, attracting significant attention from the cryptocurrency community. In just the last 10 days of November, a total of 1,069 BTC worth around $102 million were reactivated and put back into circulation.

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In November, many "hibernating" BTC wallets were reactivated, attracting significant attention from the cryptocurrency community. According to reports from Whale Alert and Allinstation, a total of 1,069 BTC (around $102 million) were transferred from these addresses, which had been inactive for 10 to over 12 years. This reactivation not only demonstrates the strong growth of BTC but also raises many questions in the community about the reasons behind the activation of these wallets, from profit-taking to market strategies.

List of reactivated BTC wallets

  1. December 1:
  2. November 30:
  3. November 29:
    • An address holding 16 BTC, worth $1.55 million, was activated after 11 years (worth only $18,369 in 2013).
      Transaction details here
  4. November 28:
    • An address holding 16 BTC, worth $1.54 million, was activated after 11 years (worth only $14,186 in 2013).
      Transaction details here
  5. November 27:
    • A wallet holding 25 BTC, worth $2.27 million, was activated after 11.5 years (worth only $2,498 in 2013).
      Transaction details here
  6. November 24:
    • A wallet holding 11 BTC, worth $1.07 million, was activated after 10.6 years (worth $5,393 in 2014).
      Transaction details here
    • Another wallet holding 19 BTC, worth $1.85 million, was activated after 10.6 years (worth $9,348 in 2014).
      Transaction details here
  7. November 23:
    • An address holding 50 BTC, worth $4.96 million, was activated after 12.4 years (worth only $292 in 2012).
      Transaction details here
  8. November 22:
    • An address holding 25 BTC, worth $2.45 million, was activated after 11.7 years (worth only $1,247 in 2013).
      Transaction details here
  9. November 20:

The reactivation of "hibernating" BTC wallets is always a noteworthy event, as they are often associated with early BTC investors. The current value of these wallets has increased thousands of times compared to their initial value, demonstrating the remarkable growth of BTC over the past decade.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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