💥 Gate Square Event: #PTB Creative Contest# 💥
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📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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Recently, the crypto assets community has stirred up a wave of excitement. A Bitcoin address that has been dormant since 2011 suddenly became active, attracting widespread attention. The 444 Bitcoins that had been sleeping in this address completed a transfer operation, revealing a legendary story that spans the development of Bitcoin.
The journey of this Bitcoin address has witnessed the ups and downs of the Crypto Assets market. From Bitcoin being a niche area in 2011, to breaking the $20,000 mark for the first time in 2017, then soaring in market value after 2020, and finally to the current market volatility, this address has experienced multiple bull and bear cycles of Bitcoin. Over these 13 years, the price of Bitcoin has skyrocketed from just a few dollars to its current approximate value of $114,000, showcasing an astonishing appreciation potential.
In terms of asset scale, the current market value of these 444 Bitcoins has reached 50.68 million USD, equivalent to about 365 million RMB. Such a scale of "sleeping assets" is not common in the blockchain network, so its activation naturally attracted significant market attention.
This event not only demonstrates the potential of Bitcoin as a long-term store of value but also sparks curiosity about early Bitcoin holders. What caused these Bitcoins to remain silent for such a long time? And what has now triggered their transfer? These questions have ignited lively discussions in the crypto assets community.
Regardless, the awakening of this Bitcoin address that has been dormant for 13 years undoubtedly adds a remarkable chapter to the legendary history of Bitcoin. It not only reflects the tremendous growth of Bitcoin's value but also demonstrates the long-term vitality of blockchain technology. As the Crypto Assets market continues to develop, similar "dormant asset" activation events may become increasingly noteworthy, continuously bringing new stories and surprises to this vibrant industry.