#11 years later, 357 bitcoins were activated.#

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Overview

Recently, a Bitcoin address containing 357 Bitcoins was activated after 11 years of dormancy, currently worth over $34 million. This event has sparked widespread attention, with people speculating about the origin and future direction of these Bitcoins. It is reported that the address last transacted on May 15, 2012, and has been dormant ever since. This activation suggests that the holder of these Bitcoins may be preparing to sell them or take other actions, and its impact on the market remains to be seen.

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Analysis

Recently, a Bitcoin address containing 357 Bitcoins was activated after 11 years of dormancy, with a value exceeding $34 million. This event has sparked widespread attention, with people speculating about the origin of these Bitcoins and the identity of the holder. Currently, the specific source of these Bitcoins remains unclear, but some analysts speculate that it could be lost assets from early Bitcoin miners or developers, or it could be long-term holdings of an institution or individual, who have only now decided to activate them. Regardless, the activation of these Bitcoins demonstrates the long-term value and potential of Bitcoin, and has brought new attention and discussion to the market. Some analysts believe that the activation of these Bitcoins could have an impact on the market, but the extent of the impact remains to be seen.

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After 11 years, a dormant address containing 357 BTC has been activated, worth over $34 million.

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This could mean that the owner of the address bought Bitcoin 11 years ago and has held it ever since.

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This shows that the long-term value of Bitcoin is recognized and investors are confident in its long-term value.

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This could trigger market attention to Bitcoin and drive up prices.

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