Bitcoin Dormant Wallet Moves $31M, Sparks Market Speculation

A dormant Bitcoin (BTC) wallet, dormant for over 11 years, recently moved its entire balance of 300 BTC – a massive sum that has reignited discussion in the crypto market. The transaction, flagged by blockchain tracking service Whale Alert, highlights the power of long-term holding and raises questions about the possible motivations behind this unusual move. While the exact reasons remain unclear, experts say it provides valuable insights into Bitcoin’s past and future.