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

Uniswap Could Overtake Tether as Top Fee-Generating Platform

06/09/2026

How Does XRP’s Escrow System Work?

06/09/2026

Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

06/09/2026
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

    They Could Be the First Target!

    06/09/2026

    Is BTC’s Resistance Band About to Break or Reject for the Sixth Time?

    06/09/2026

    BTC Eyes $69,000 as Pullback Risk Builds

    06/09/2026

    Samson Mow Clarifies Bitcoin Spam and Ordinals Position Amid BIP-110 Debate

    05/09/2026

    Ethereum Could Be Entering a New Bullish Cycle—How High Can the ETH Price Go in 2026?

    04/09/2026

    Can the FED Send Cryptocurrencies Soaring? Arthur Hayes Answers, Revealing His New Target for Ethereum (ETH)!

    04/09/2026

    The Chart Is Starting to Point Toward $3K

    04/09/2026

    Ethereum price holds $2,400 as RSI stays bearish

    04/09/2026

    How Does XRP’s Escrow System Work?

    06/09/2026

    Shibariumscan Indexing Issue, Not a Crash, Erased 69% of Shiba Inu’s Network Data

    06/09/2026

    Ripple prepares to dump 1 billion XRP in less than two weeks

    06/09/2026

    Ripple CTO Emeritus Reveals Where His XRP Holdings Stand

    06/09/2026

    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

    Uniswap Could Overtake Tether as Top Fee-Generating Platform

    06/09/2026

    How Does XRP’s Escrow System Work?

    06/09/2026

    Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

    06/09/2026

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

    06/09/2026
  • Blockchain

    Robinhood’s new crypto network is printing cash, and it’s sending Arbitrum’s token soaring

    05/09/2026

    Hedera’s HIP-1535 Launches CLPR, Enhancing Cross-Ledger

    04/09/2026

    Hasbro-licensed MONOPOLY immersive experience in São Paulo runs on Neo blockchain

    04/09/2026

    Centrifuge and LI.FI Partner to Expand Cross-Chain Access to Tokenized Assets

    04/09/2026

    11.3 Million Tokens Still Stuck on the Deadline

    04/09/2026
  • DeFi

    Uniswap Could Overtake Tether as Top Fee-Generating Platform

    06/09/2026

    Vesu oracle incident triggers $3M in liquidations

    06/09/2026

    How the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk

    06/09/2026

    Pendle launches on Robinhood Chain with sNET market

    05/09/2026

    Solana Welcomes Fasanara Capital’s Onchain Credit Strategy

    04/09/2026
  • 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

    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

    Bakkt promised a $44 trillion payment revolution, but its key acquisition made just €5,315

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

    Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

    06/09/2026

    Coinbase to Delist 9 Perpetual Futures Contracts, Including Kaspa and POPCAT, on Sept. 3

    06/09/2026

    XRP Exchange Reserves Decline as Upbit Holds 6.4 Billion XRP Near Early-Summer Highs

    06/09/2026

    Amber Group-Linked Wallet Moves $13.8M in HYPE Off Hyperliquid as CFTC Eyes Perpetual Futures

    05/09/2026

    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

    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

    Marathon Mines 670 Bitcoin In August As Treasury Reaches 25,000 BTC

    04/09/2026

    Zcash Price Spike Fuels Massive Mining Profits and Hashrate Boom

    04/09/2026

    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

    Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

    05/09/2026

    CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

    05/09/2026

    Uniswap Could Overtake Tether as Top Fee-Generating Platform

    06/09/2026

    How Does XRP’s Escrow System Work?

    06/09/2026

    Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

    06/09/2026

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

    06/09/2026
  • 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

They Could Be the First Target!

06/09/2026

Is BTC’s Resistance Band About to Break or Reject for the Sixth Time?

06/09/2026

BTC Eyes $69,000 as Pullback Risk Builds

06/09/2026

Samson Mow Clarifies Bitcoin Spam and Ordinals Position Amid BIP-110 Debate

05/09/2026
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

Uniswap Could Overtake Tether as Top Fee-Generating Platform

06/09/2026

How Does XRP’s Escrow System Work?

06/09/2026

Bitcoin holders face potential exchange freezes as new chain rollout tests replay safety and market stability

06/09/2026
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.