The Bitcoin wallet, which holds 489 BTC, was activated for the first time since 2010, according to Whale Alert, a popular blockchain tracker.
A dormant address containing 489 #BTC (20,242,263 USD) has just been activated after 11.4 years (worth 50 USD in 2010)!https://t.co/iMaawgLGXd
— Whale Alert (@whale_alert) March 10, 2022
Whoever controls the address Only $50 in those days was able to turn into $20 million by HODL over 11 years.
The most likely theory is The owner of the wallet may have just happened to find his long-lost private keys, while some speculate that the owner of the wallet may have just gotten out of jail. And finally able to withdraw money from the wallet.
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