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

OCC report finds debanking efforts tied to crypto activities

19/10/2026

BitGo Korea Receives VASP License from South Korea’s Financial Intelligence Unit

19/10/2026

Bitcoin recovers 44% from its June low as BTC’s 2021 pattern resurfaces

19/10/2026
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 recovers 44% from its June low as BTC’s 2021 pattern resurfaces

    19/10/2026

    Waiting for a 30% Bitcoin Dip Backfired in 61% of Tested Cases

    19/10/2026

    Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes

    19/10/2026

    Bitcoin bears pay to bet on further declines as futures positions near yearly lows

    18/10/2026

    Coinbase Institutional Moves $57.9M in Ethereum

    18/10/2026

    Ethereum reclaims $2,400 as falling Treasury yields ease inflation pressure

    18/10/2026

    Ethereum’s Strategic Role in AI Applications Gains Traction

    18/10/2026

    Ethereum Surges 5% Amid Aggressive Whale Buying & BTC Rebound

    18/10/2026

    Cardano Founder Says Don’t Control NIGHT Supply Amid Fresh Allegations

    19/10/2026

    Dormant QNT Whales Move Nearly $10M After 3 Years as Quant Price Surges

    19/10/2026

    Over $7B RWA Moved on XRP in a Single Day, Marking a New Record

    18/10/2026

    Crypto trader turns $5.2K into $377,000

    18/10/2026

    Yuga Labs Launches Mudwater TCG on Solana, Featuring BAYC Art

    18/10/2026

    Alex Fong counts losses as Blur folds

    14/10/2026

    Collector Crypt Logs $151 Million in Monthly Pack Sales

    14/10/2026

    Pudgy Penguins gets support as billionaire buys 117 NFTs

    12/10/2026

    OCC report finds debanking efforts tied to crypto activities

    19/10/2026

    BitGo Korea Receives VASP License from South Korea’s Financial Intelligence Unit

    19/10/2026

    Bitcoin recovers 44% from its June low as BTC’s 2021 pattern resurfaces

    19/10/2026

    IREN Stock Falls Nearly 4% as Morningstar Cuts Fair Value Estimate to $37 on Financing Risks

    19/10/2026
  • Blockchain

    Base Financing Markets Offer 4-5% Cheaper Stock Borrowing

    19/10/2026

    Aztec Targets Full Post-Quantum Migration by End of 2030

    18/10/2026

    Kintsu Launches Private Beta on Canton Network, Inviting Users

    18/10/2026

    Sunrise Lists NEAR Protocol, Enhancing Cross-Chain Bridging

    18/10/2026

    Brazil’s CVM Tests Tokenized Securities Market in New Pilot Program

    18/10/2026
  • DeFi

    VELO to AERO Swap Ratio and What Holders Must Do

    18/10/2026

    How MemeToro Makes Each Memecoin Launch Verifiable On-Chain

    18/10/2026

    Aave V4’s Arc Markets Connect Dollar-Euro Loans to Shared Liquidity

    17/10/2026

    Ethereum Shows Strong Yields on Curve Finance

    17/10/2026

    Only 18% of Uniswap v3 positions under $1,000 beat holding after gas, study finds

    17/10/2026
  • 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

    IREN Stock Falls Nearly 4% as Morningstar Cuts Fair Value Estimate to $37 on Financing Risks

    19/10/2026

    Guy Wuollet Sees Stablecoins Driving Digital Finance

    19/10/2026

    Tokenized Shares of Strategy Approach Major Milestone

    19/10/2026

    Circle Plans Push Into 40 Emerging Markets as Stablecoins Go Mainstream, CEO Says

    18/10/2026

    Fission Raises $10M Series A Led by Pantera Capital for Tokenized Fund Liquidity

    18/10/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    BitGo Korea Receives VASP License from South Korea’s Financial Intelligence Unit

    19/10/2026

    BitGo Korea gets VASP approval as offshore crypto rules tighten – Details

    19/10/2026

    Bitgo Breaks Into Korea With Hana and SK Telecom in Its Corner

    18/10/2026

    Binance Opens New EU Accounts Without MiCA License, Report Finds

    18/10/2026

    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

    Binance Pool shuts on November 10, with record access ending two weeks later

    17/10/2026

    Bitcoin Mining Difficulty Jumps 5.92% in Third-Largest Hike of 2026

    17/10/2026

    Fortitude sold $8.3 million in borrowed Zcash to fund its mining expansion

    17/10/2026

    Block’s Proto Bitcoin Mining Hardware Now Available to Own via Sazmining

    17/10/2026

    OCC report finds debanking efforts tied to crypto activities

    19/10/2026

    Ukraine’s ‘Kinetic Sanctions’ Disrupt Russian A7A5 Stablecoin Services: Elliptic

    19/10/2026

    EU Banking Regulator Takes Over Key Oversight of Circle’s USDC Stablecoin

    19/10/2026

    China Seeks to Confiscate Billions in BTC, XRP, DOGE, BCH, BTG and BSV

    19/10/2026

    OCC report finds debanking efforts tied to crypto activities

    19/10/2026

    BitGo Korea Receives VASP License from South Korea’s Financial Intelligence Unit

    19/10/2026

    Bitcoin recovers 44% from its June low as BTC’s 2021 pattern resurfaces

    19/10/2026

    IREN Stock Falls Nearly 4% as Morningstar Cuts Fair Value Estimate to $37 on Financing Risks

    19/10/2026
  • 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 recovers 44% from its June low as BTC’s 2021 pattern resurfaces

19/10/2026

Waiting for a 30% Bitcoin Dip Backfired in 61% of Tested Cases

19/10/2026

Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes

19/10/2026

Bitcoin bears pay to bet on further declines as futures positions near yearly lows

18/10/2026
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

OCC report finds debanking efforts tied to crypto activities

19/10/2026

BitGo Korea Receives VASP License from South Korea’s Financial Intelligence Unit

19/10/2026

Bitcoin recovers 44% from its June low as BTC’s 2021 pattern resurfaces

19/10/2026
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.