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For The First Time Since 2013, A Bitcoin Wallet Containing 407 Bitcoins Has Been Activated

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For the first time since 2013, a Bitcoin wallet containing 407 BTC that is $15.5 million has been enabled, according to some reports including Whale Alert.

The coins were initially valued at $355,254, indicating a 4,266 percent rise in value. On major spot exchanges, bitcoin is now trading at roughly $38,000.

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It’s possible that the wallet stopped working after the owner eventually unlocked it. One should not rule out the possibility that someone has such a high level of trust.

After years of inaction, numerous comparable Bitcoin wallets have emerged in recent months. Addresses dating back to 2011 frequently pique the public’s interest because they may be traced back to none other than Satoshi Nakamoto.