Satoshi Nakamoto Speculation Reignites As Dormant Bitcoin Wallet Containing Nearly $30M Worth Of Coins Awakens After 13 Years
Portfolio Pulse from Mehab Qureshi
A dormant Bitcoin wallet containing 1,005 BTC (equivalent to $29.7 million) has become active after nearly 13 years of inactivity. This has sparked speculation that the wallet could be linked to Bitcoin's mysterious creator, Satoshi Nakamoto. The funds have been transferred to another address. At the time of writing, BTC was trading at $29,147, down 1.51% in the last 24 hours.
August 16, 2023 | 12:22 pm
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NEUTRAL IMPACT
The awakening of a dormant Bitcoin wallet containing nearly $30M has led to speculation and intrigue in the market. This could potentially impact the price of Bitcoin in the short term.
The news of a dormant Bitcoin wallet becoming active after 13 years has sparked speculation in the market. This could lead to increased trading activity and volatility in the price of Bitcoin. However, it's uncertain whether this will have a positive or negative impact on the price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100