Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

07/09/2026

HashKey Partners With ONERWAY on Payments

07/09/2026

Harmony plans chain rollback as forged ONE spreads across network

07/09/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

    07/09/2026

    Bitcoin Enters Transition Phase as Dormant Coins Begin Moving

    07/09/2026

    $67,000 Rejection Raises Risk of Deeper Losses

    07/09/2026

    Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

    07/09/2026

    Ethereum holders return to profit – Can ETH hold $2500?

    06/09/2026

    Machine learning algorithm sets Ethereum price on September 30, 2026

    06/09/2026

    Ethereum price retests $2,550 as RSI nears 67

    06/09/2026

    Can ETH Clear $2,560 After Thursday’s 5% Rally?

    06/09/2026

    Harmony plans chain rollback as forged ONE spreads across network

    07/09/2026

    Duquesne buys into HYPE treasury firm with $23M position

    07/09/2026

    Another Manipulation Alert in the Cryptocurrency Market! Analyst Points to 4 Altcoins! Here Are the Details

    07/09/2026

    World Liberty Financial Team Moves $2.3M in WLFI to Bybit, Raising Sell-Off Concerns

    07/09/2026

    NFT sales surge 55.6% as BNB Chain overtakes Ethereum for first time

    06/09/2026

    OpenSea Users Demand ETH/USD Switcher Amid Frustration

    05/09/2026

    Kento’s Digital Art Cards Hit 2,000% of Kickstarter Goal in 24 Hours

    04/09/2026

    Cardano Founder Criticizes TapTools Relaunch

    03/09/2026

    Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

    07/09/2026

    HashKey Partners With ONERWAY on Payments

    07/09/2026

    Harmony plans chain rollback as forged ONE spreads across network

    07/09/2026

    Philippines eyes payment operator registration freeze, tighter VASP checks

    07/09/2026
  • Blockchain

    OpenZeppelin Hosts Onchain Finance Soirée at Sibos Miami

    07/09/2026

    Delphi Digital Questions Blockchain’s Ability to Reward

    07/09/2026

    FlareNetworks Launches Investor Relations Dashboard

    07/09/2026

    Chainalysis Announces HyperEVM Support for Token Tracking

    07/09/2026

    Solana Launches Payment Channels, Enabling 1M Transactions

    07/09/2026
  • DeFi

    Tokenized Stocks on Solana Reach $79.1M in DeFi Deposits

    07/09/2026

    Robinhood’s Tokenized Stocks Lead DeFi Deposits

    07/09/2026

    Tokenized Stocks on Uniswap V4 Reach $59.1M, Outpacing

    07/09/2026

    Aave lending proposal would grant emergency powers without requiring public reports on their use

    07/09/2026

    DeFi Lending Faces Record 32 Price-Manipulation Exploits

    07/09/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026
  • Regulation

    HashKey Partners With ONERWAY on Payments

    07/09/2026

    Global Tokenized Stocks Surge 273% as South Korea’s STO Legislation Stalls

    06/09/2026

    AI Agents Could Transform How Money Moves Across the Internet

    05/09/2026

    Ether Products Lead $600M Crypto ETP Flow Rebound in July

    05/09/2026

    Younger Investors Are Looking Beyond Stocks and Bonds, Grayscale Says

    05/09/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Top 6 Meme Coins To Invest In 2026 And How To Buy Each Memecoin Safely

    07/09/2026

    Tools You Need For Memecoins Trading

    07/09/2026

    Cantor opens Kalshi prediction markets to thousands of institutional clients

    06/09/2026

    HSBC, Standard Chartered execute first live banking transaction on Swift’s 24/7 ledger

    06/09/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    Bitcoin Miners Unplug 23% as AI Revenue Surges 52%

    07/09/2026

    Difficulty Rises, Hashprice Rips 22% as Bitcoin Hashrate Stalls

    06/09/2026

    India’s Solar Surplus Hits a New Problem: Could Bitcoin Mining Help?

    06/09/2026

    Wall Street is turning AI’s massive electricity appetite into a $61 billion bond market

    06/09/2026

    Philippines eyes payment operator registration freeze, tighter VASP checks

    07/09/2026

    UK regulator weighs easing financial prediction market ban: Times

    07/09/2026

    Crypto political group details list of U.S. congressional allies its backing this year

    05/09/2026

    Crypto advocacy groups oppose Illinois digital asset tax in court

    05/09/2026

    Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

    07/09/2026

    HashKey Partners With ONERWAY on Payments

    07/09/2026

    Harmony plans chain rollback as forged ONE spreads across network

    07/09/2026

    Philippines eyes payment operator registration freeze, tighter VASP checks

    07/09/2026
  • MarketCap
NBTC News
Home»Bitcoin»Dormant Bitcoin Whales Rouse From Slumber To Threaten BTC Rally
Bitcoin

Dormant Bitcoin Whales Rouse From Slumber To Threaten BTC Rally

NBTCBy NBTC02/11/2023No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Dormant Bitcoin whales, or long-term HODLers holding huge amounts of BTC, have suddenly awakened and started moving their funds. After over six years of inactivity, three dormant Bitcoin addresses containing thousands of BTC unexpectedly became active again, and they transferred a combined total of 6,500 BTC. 

With BTC now showing signs of the resumption of the October rally, these massive Bitcoin transfers could either increase buying momentum or threaten to capsize the current bull run.

Dormant Bitcoin Whales Make Waves With Massive BTC Transfers

Movement of dormant Bitcoin addresses has been sporadic this year, with most causing a stir and rising interest amongst the Bitcoin community. Whale movement and whale acquisitions also spiked up in October, as Bitcoin’s price saw its highest increase in 18 months.

In the latest record of whale transactions this year, on-chain data has shown that a set of dormant Bitcoin from 2017 has moved for the first time in six years. These transactions came from three addresses transferring a total of 6,500 BTC, worth approximately $230 million. 

An in-depth look into these addresses shows they received their assets on November 5, 2017, with no movement until now. At the time, Bitcoin was trading at around $7,400, putting the total value of the transaction at $48 million. BTC has grown substantially since then, with a unit now going for $35,230 at the time of writing.

Selling Pressure Incoming?

The timing of the acquisition and transfer of these BTC point to them being controlled by one entity. Uncertainty behind these transfers sometimes can threaten buyer confidence as it could indicate the whale expects a price drop and is securing profits. 

Alternatively, it could show they foresee further growth and are reorganizing for the next big rally. On-chain data points to the former, as the BTC is still held in private addresses, showing they are probably still in self-custody.

Whale transfers to cryptocurrency exchanges have increased over the past few days, which may jeopardize Bitcoin’s present bull market and price gain. However, whale purchases have surged during the same period, indicating a combination of buys and selloffs from bulls and bears.

One particular whale transfer that caught the eye of many traders is the movement of 2,905 BTC worth approximately $100 million dollars between two unknown wallets.

🚨 🚨 🚨 🚨 🚨 2,905 #BTC (100,351,765 USD) transferred from unknown wallet to unknown new wallethttps://t.co/qpyONJupI2

— Whale Alert (@whale_alert) November 1, 2023

On the other hand, Bitcoin recently cleared the $35,000 resistance level, as bulls look to continue October’s Bitcoin gains in the new month. November has generally been a profitable month for Bitcoin and on-chain signals currently point to greed on the Bitcoin Fear & Greed Index. A continued break above the $35,000 mark could see BTC reach 2022’s order block at $45,000. 

Bitcoin price chart from Tradingview.com

BTC at 35,400 | Source: BTCUSD on Tradingview.com

Featured image from Shutterstock, chart from Tradingview.com


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

07/09/2026

Bitcoin Enters Transition Phase as Dormant Coins Begin Moving

07/09/2026

$67,000 Rejection Raises Risk of Deeper Losses

07/09/2026

Strategy needs to monetize BTC after buying time with digital credit framework, Galaxy Research

07/09/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Trump Reportedly Halts Planned Attacks on Iran: How Will BTC React?

07/09/2026

HashKey Partners With ONERWAY on Payments

07/09/2026

Harmony plans chain rollback as forged ONE spreads across network

07/09/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.