U.Today – Samson Mow's Outlook on Bitcoin Price Action

Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate, recently shared insights on X about the ongoing BTC price trends.

Bullish Sentiment from Mow

Mow expressed optimism regarding Bitcoin's future, highlighting a recent surge of 4% as it rose from $68,430 to $71,200—a level not seen in four months. He tweeted, “The real action hasn’t even started yet,” reinforcing his long-standing prediction that Bitcoin could reach $1 million soon.

Whale Activity Amidst Price Surge

As Bitcoin surpassed $71,000, an ancient wallet dormant for 12 years became active, transferring 159 BTC (valued at approximately $11.32 million) to Binance. This wallet, which held 749 BTC, represents a historical investment worth $53.23 million today, compared to $8,151 back in 2012.

Additionally, two other dormant wallets awakened within 48 hours, including one from 2010, containing 28 BTC once valued under $9, now potentially worth nearly $2 million.

Bitcoin has notably risen over the past week—5.22% in two days and 7% since Friday, currently trading around $71,125.

This article was originally published on U.Today