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

2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum

20/06/2026

Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

20/06/2026

Can Protocol 22 put PI back in focus?

20/06/2026
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

    Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

    20/06/2026

    US Senate set to finalize nomination of pro-Bitcoin Kevin Warsh as next Fed Chair

    20/06/2026

    Ray Dalio, Who Manages $150 Billion, Says “Gold Is Better Than Bitcoin”; Michael Saylor Responds Immediately

    20/06/2026

    How Much Longer Can the Strategy Continue to Buy Bitcoin? According to an Analysis Firm, We’re Approaching the Limit

    20/06/2026

    Ethereum trader scores $5mln in 10 days – But here’s a catch…

    19/06/2026

    Crypto Whale Jeffrey Huang Expands Ethereum Long Position Past 10,000 ETH

    19/06/2026

    Ethereum jumps on US-Iran optimism – Can $1,820 come next?

    19/06/2026

    Volume Back at Bullish Level

    19/06/2026

    Can Protocol 22 put PI back in focus?

    20/06/2026

    Hoskinson Welcomes Filecoin to Cardano Ecosystem

    20/06/2026

    Everstake Says Cardano Is a Healthy Network as TVL Hits Over-1-Year High

    20/06/2026

    RLUSD Bridge Expansion Connects XRPL, Ethereum, and Cardano Ecosystems

    20/06/2026

    Pudgy Penguins expands retail footprint with Target trading card rollout

    20/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Dogecoin Notes Shibes Have Been ‘Quiet Lately’ And Then The Internet Showed Off What Everyone Has Been Silently Building

    09/06/2026

    2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum

    20/06/2026

    Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

    20/06/2026

    Can Protocol 22 put PI back in focus?

    20/06/2026

    Congress proposes DOJ crypto theft task force a year after NCET shutdown

    20/06/2026
  • Blockchain

    2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum

    20/06/2026

    Why Trust PayPal? ‘XRP Is In A Prime Position To Be A Winner’, Evernorth CEO Says

    20/06/2026

    Centrifuge and IOSG Ventures launch $500 million tokenization push

    20/06/2026

    Ondo Finance Adds 173 Tokenized Stocks and ETFs, Taking Catalog Past 430 Assets Across Three Chains

    20/06/2026

    Base Announces Privacy Features as Demand for On-Chain Solutions Grows

    20/06/2026
  • DeFi

    DeFi’s next institutional wave may come from users who never see “behind the scenes” – CEO of Katana

    20/06/2026

    Ledn adds Tether Gold as loan collateral, expanding Bitcoin-backed lending model

    20/06/2026

    Curve Launches LlamaLend V2 — Is This a Game Changer for Lending?

    20/06/2026

    Creek Finance Launches XAUm Token on Sui Network, Expanding Yield-Bearing Tokenized Gold Access on DeFi

    20/06/2026

    Why Compound Just Announced Its Decentralized Stablecoin USDS

    20/06/2026
  • Metaverse

    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

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Jim Cramer calls SpaceX stock a ‘Monster’ at $200

    20/06/2026

    SpaceX is trading like a $2T meme stock after its record IPO

    20/06/2026

    Stock surge from SpaceX $60B deal for Cursor maker challenges Amazon,, Microsoft valuation

    20/06/2026

    Citigroup predicts $8 trillion tokenization boom by 2030

    20/06/2026

    SpaceX Maps Next Growth Phase in New SEC Filing

    20/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Hong Kong Exchange and Central Bank Pilot CBDC Settlement for Derivatives Market

    20/06/2026

    Kraken brings Solana DEX token trading into its main app

    20/06/2026

    Crypto Card Spending Nears $10 Billion, Quadrupling in a Year

    20/06/2026

    1.1 Trillion Shiba Inu (SHIB) Leaves Binance by June, but It’s Not Heading Into Stablecoins

    20/06/2026

    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

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Blazpay Taps Agent War to Boost Innovation AI -Powered GameFi

    11/06/2026

    Bitdeer Sells All 218 BTC Mined This Week, Returns to Zero Bitcoin Balance

    20/06/2026

    rare event or miner strategy?

    20/06/2026

    Texas Power Grid Reform Could Boost Bitcoin Miners Turned Data Center Operators

    19/06/2026

    HIVE Digital Secures $220M Sovereign AI GPU Deal With Bell Canada

    19/06/2026

    Congress proposes DOJ crypto theft task force a year after NCET shutdown

    20/06/2026

    India’s ED files charges in $20M Coinbase spoofing case

    20/06/2026

    MiCA Regulation Reshapes the European Crypto Market: July 1 Deadline

    20/06/2026

    Tennessee Moves to Ban Cryptocurrency ATMs Over Fraud Concerns

    20/06/2026

    2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum

    20/06/2026

    Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

    20/06/2026

    Can Protocol 22 put PI back in focus?

    20/06/2026

    Congress proposes DOJ crypto theft task force a year after NCET shutdown

    20/06/2026
  • 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

Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

20/06/2026

US Senate set to finalize nomination of pro-Bitcoin Kevin Warsh as next Fed Chair

20/06/2026

Ray Dalio, Who Manages $150 Billion, Says “Gold Is Better Than Bitcoin”; Michael Saylor Responds Immediately

20/06/2026

How Much Longer Can the Strategy Continue to Buy Bitcoin? According to an Analysis Firm, We’re Approaching the Limit

20/06/2026
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

2 Incorporated AI Agents Sign First Legal Deal That Executes Itself on Ethereum

20/06/2026

Bitcoin (BTC) Remains Above $80,000! So What Will Happen to the Price Next? However, an Analysis Company Has Announced and Warned Investors!

20/06/2026

Can Protocol 22 put PI back in focus?

20/06/2026
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.