Bitcoin proponent Samson Mow expects stronger Bitcoin price action to occur soon
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In a tweet, Mow shared his bullish take on this price movement: “The real action hasn’t even started yet.”According to the Smart Money tracker @lookonchain, after Bitcoin broke above the $71,000 level, a dormant whale came into motion after 12 years of inactivity. That wallet contained 749 BTC. While back in 2012, Bitcoin traded at $11 and that amount was worth $8,151, now this Bitcoin chunk is valued at a mind-blowing $53.23 million.that had awakened within less than 48 hours.
The second wallet is from the Satoshi Nakamoto epoch – 2010, the year at the end of which he disappeared from public view. That wallet held 28 BTC, which were worth less than $9 in 2010, with Bitcoin worth $0.30 at its peak. Now, this has turned into a fortune of $1,995,139 if sold. Bitcoin has been growing in price for the past week. Over the past two days, it has added 5.22%, and since Friday, the growth has constituted an impressive 7% as it surged from the $66,500 zone to $71,125, where BTC is currently changing hands.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects.
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