The real Bitcoin action hasn’t even started yet: Samson Mov

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U.Today – Samson Mow, CEO of JAN3 and its vocal supporter, addressed his followers on social media platform X about the current BTC price action.

The JAN3 boss clearly expects the leading cryptocurrency will likely continue to grow.

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The extremely positive approach of Samson’s Speech

Samson Mow commented on Bitcoin’s recent price surge as BTC gained 4% over the past day, skyrocketing from $68,430 to $71,200. This was the first time Bitcoin managed to recover $70,000 in the last four months. The last time BTC was seen at this price level was in June.

In a tweet, Mow shared his positive view of this price movement: “The real action hasn’t even started yet.”

Samson Mow is known for his habitual predictions that the value of Bitcoin will escalate to $1 million in the near future.

Ancient whale sends BTC to Binance as price rises

According to Smart Money tracker @lookonchain, after Bitcoin breached the $71,000 level, a dormant whale triggered after 12 years of inactivity. This wallet contained 749 BTC. While in 2012, the price of Bitcoin was $11 and this amount was worth $8,151, this part of Bitcoin is currently valued at a staggering amount of $53.23 million.

The data source reported that this whale transferred 159 BTC to Binance. That’s the equivalent of $11.32 million.

In addition, there were two other dormant Bitcoin wallets that woke up in less than 48 hours. One of them was spotted again on Monday and contained 16 BTC. In 2013, when this Bitcoin was last moved, its value was $1,147,359. In 2013, these Bitcoins were worth approximately $2,160; therefore, this whale potentially received a bonus of 53,018.5% of its profits.

The second wallet comes from the era of Satoshi Nakamoto (the enigmatic creator of Bitcoin) – 2010, the year at the end of which he disappeared from public view.

This wallet held 28 BTC, which was worth less than $9 in 2010, and Bitcoin was worth $0.30 at its peak. Now, if sold, it has turned into a fortune worth $1,995,139.

Bitcoin price has been rising for a week. Over the past two days, it is up 5.22%, and since Friday, the gain represents an impressive 7% as it rose from the $66,500 zone to $71,125, where BTC is currently changing hands.

This article was originally published on U.Today

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