A long-dormant Bitcoin wallet address has been reactivated after 11 years, amassing a 26.147% gain. The whale transferred the 67 BTC to two wallet addresses worth 2 BTC and 64.99 BTC. The identity of the owner remains unknown, but the timing and magnitude of the activation has prompted speculation about the intentions behind it.
Bitcoin is up more than 30% since last week, hitting new highs practically every day since Trump’s election. The value of the largest cryptocurrency has already more than doubled in 2024. Will Bitcoin reach $100,000? According to some predictions, Bitcoin could reach $100,000 by the end of the year and $150,000 by the end of 2025.
