Value of Bitcoin stash had skyrocketed to staggering $1,569,552, marking impressive 7,594% gain
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Notably, the reactivation of this wallet comes at a time when Bitcoin is experiencing bullish momentum. Bitcoin rose to intraday highs of $63,393 after soaring for three consecutive days.This suggests that the wallet activation might have been a strategic move to capitalize on the market's current bullish momentum. Perhaps the owner had to wait for the Bitcoin price to appreciate, hodling it for a significant number of years.
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