Satoshi-Era Bitcoin Whale Suddenly Wakes Up After Entire Decade

According to WhaleAlert, a blockchain tracking tool that analyzes transactions across different blockchains, a dormant address containing $115.4 million worth of Bitcoin was Bitcoin was trading at just $440 ten years ago, meaning that the whales saw their wealth skyrocketing by more than 15,600%.

The recently reactivated whale address has attracted significant interest from the cryptocurrency community, with crypto enthusiasts speculating about the possible reasons behind its sudden reawakening. Some argue that it could be a Bitcoin investor with a strong level of conviction . Others believe that the investor simply lost and then somehow managed to discover the keys to the Bitcoin fortune.

It is worth mentioning that the world has not heard from Satoshi Nakamoto, the creator of Bitcoin, since 2014. Back then, he quickly reappeared to debunk a Newsweek article about Dorian Nakamoto, a Japanese American who was falsely identified as the creator of Bitcoin. There have been several large Bitcoin transactions that involve addresses from the Satoshi era. For instance, in 2022, a whale from 2013 Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.

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