Dormant Bitcoin Address Reactivated After Over a Decade

According to PANews, a Bitcoin address containing 343 BTC, valued at approximately $40.37 million, has been reactivated after remaining dormant for 12.3 years. The activity was reported by Whale Alert on July 29. The reactivation of such long-inactive addresses often draws attention in the cryptocurrency community due to the potential implications for market dynamics and the identity of the address holder.