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Dormant Bitcoin Wallet Resurfaces After 12.4 Years, Sell-off Incoming?

  • A wallet that holds nearly 400 Bitcoin has resurfaced after being dormant for 12.4 years.
  • The wallet transferred 100 BTC worth $6.8 million to the Bitstamp cryptocurrency exchange.
  • The movement of assets from a dormant wallet to exchanges can signal a potential sell-off.
  • Bitcoin could reach its all-time high if it closes its daily candle above the $69,000 level.

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