A Bitcoin (CRYPTO: BTC) wallet valued at $250 million has sprung back to life after an eight-year hiatus, triggering a wave of speculation among cryptocurrency enthusiasts.
What Happened: A Bitcoin wallet, initially valued at around $3 million in 2017, has recently become active after eight years of dormancy. The wallet now holds a staggering $250 million worth of Bitcoin.
Such occurrences usually set off a storm of speculation within the cryptocurrency community. Some members have suggested that the wallet’s owner may have rediscovered their private keys, leading to the sudden activity.
Full story available on Benzinga.com