A Bitcoin Address Holding 400BTC Is Activated After 8.8years Of Being Dormant.

Information from the the Whale Alert blockchain service on September 22 reveals an activation of a Bitcoin wallet after 8.8 years of being dormant.

The wallet is said to contain 400 Bitcoins which as at 2012 was worth $4,335.

However, at the current bitcoin exchange rate is worth $17,427,633 having done 4,020 times profit increase.

Also, another Bitcoin address was activated after 8.8 years dormancy, containing 616 BTC worth $29,470,042 currently.

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More Institutional Investors Buy The Dip Amid China FUD Crash.

Despite China's recent FUD, records reveals that more institutional investors are buying the dip, with the digital asset investment products records amounting to $95 million worth of inflows between September 20 and 24.

This reflects a positive sentiment from the investors as BTC and Ether investment products leads the chart, with $50.2 million and $28.9 million worth of inflows respectively, while recording a sixth consecutive week of inflows.

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