BlockBeats reports that on October 1, WhaleAlert detected the activation of a long-dormant Bitcoin address that had been inactive for 10.7 years. This address, which held 41 BTC worth approximately $2,611,481, was reactivated around 07:03 UTC+8. This event is noteworthy within the cryptocurrency community, as addresses that have been idle for extended periods often generate interest regarding their potential impact on market dynamics and the identity of the owner.