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

Stablecoins Reshape Finance Through Native Blockchain Infrastructure, Says Venom CEO

09/05/2026

New Anonymous Address Withdraws a Staggering $30.3M from FalconX

09/05/2026

Why Solv Protocol is ditching LayerZero for Chainlink

09/05/2026
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

    New Anonymous Address Withdraws a Staggering $30.3M from FalconX

    09/05/2026

    Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure

    09/05/2026

    Bitcoin Holds $66K as Trump Prioritizes Iran War Exit Over Reopening Hormuz

    09/05/2026

    Weak Momentum Signals Possible Drop to $62K

    09/05/2026

    Grapefruit Trading Stakes $76.1 Million in ETH, Signaling Institutional Confidence

    09/05/2026

    Ethereum (ETH) Could Hit $12K This Year, Lee Predicts

    09/05/2026

    Ethereum price stalls at key support as intraday sellers stay in control

    09/05/2026

    Enterprise Ethereum Alliance Deploys Treasury Through Lido Protocol

    09/05/2026

    “The Recent Ruling in the U.S. Is a Perfect Fit for XRP”

    09/05/2026

    Kaspa Gains Momentum as Market Relief and Ecosystem Growth Align

    09/05/2026

    Hedera’s HBAR Price Jumps By 4% Ahead of BitTrade Exchange Debut

    09/05/2026

    Over 50% of Pump Fun token traders lost money this month, report

    09/05/2026

    NFT Ltd. Sets 1-for-80 Reverse Split as May 18 Trading Shift Nears

    09/05/2026

    Dogecoin Bigger Than Entire NFT Market by 800%

    08/05/2026

    Reid Hoffman says NFTs may make a comeback as AI agents strain online identity

    07/05/2026

    Ethereum and Bitcoin Lead NFT Market, Known Origin #30101 Tops Weekly Sales

    05/05/2026

    Stablecoins Reshape Finance Through Native Blockchain Infrastructure, Says Venom CEO

    09/05/2026

    New Anonymous Address Withdraws a Staggering $30.3M from FalconX

    09/05/2026

    Why Solv Protocol is ditching LayerZero for Chainlink

    09/05/2026

    Grapefruit Trading Stakes $76.1 Million in ETH, Signaling Institutional Confidence

    09/05/2026
  • Blockchain

    Stablecoins Reshape Finance Through Native Blockchain Infrastructure, Says Venom CEO

    09/05/2026

    BNB Chain Leads in Onchain Activity as Active Addresses Hit 50 Million

    09/05/2026

    AWS Launches AI Agent Payment Infrastructure with Coinbase and Stripe

    09/05/2026

    Chainlink Completes Compliance Initiative With Bermuda Monetary Authority

    09/05/2026

    Xange.com, Aptos Labs, and Decibel Foundation Partner

    09/05/2026
  • DeFi

    Why Solv Protocol is ditching LayerZero for Chainlink

    09/05/2026

    Mantle Halts Minting of Liquid Restaking Token cmETH, Existing Users Unaffected

    09/05/2026

    ‘DeFi is not dead,’ it’s going mainstream with AI agents, crypto executives agree

    09/05/2026

    Tydro Keeps Markets Paused After Chaos Labs Flags Suspected Nation-State Attack

    09/05/2026

    Solana Community Splits Over Drift’s Controversial Recovery Token and Planned Q2 Comeback

    09/05/2026
  • Metaverse

    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

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026
  • Regulation

    Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge

    09/05/2026

    Stablecoins have evolved into everyday tools in LATAM

    09/05/2026

    Global Millennial Capital raises $100M IPO fund for AI and DeFi mid-caps

    09/05/2026

    Prediction Markets Are Becoming Algorithmic Trading Venues as AI Moves In

    09/05/2026

    Multicoin, Which Manages Billions of Dollars, Revealed That It Has Been Quietly Accumulating a Certain Altcoin Since February

    08/05/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    RedotPay and Tempo Introduce AI Driven Stablecoin Payments for Automated Transactions

    09/05/2026

    AlloX Integrates with Binance Wallet to Offer AI-Driven Narrative Investing

    09/05/2026

    The Exchange Has Been Down for Five Hours! Here’s the Reason and the Official Statement

    09/05/2026

    Stablecoin card spend is growing 100% year over year, Rain exec says

    09/05/2026

    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

    Miniverse Partners with UNIPLAY to Expand CoFi Across DeFi and GameFi

    09/05/2026

    Top NFT games in 2026 shift from speculation to real ownership risks

    08/05/2026

    Top 8 play-to-earn NFT games to play in May 2026

    07/05/2026

    PlayZap Games Joins REI Network to Accelerate Scalable GameFi Transformation

    05/05/2026

    TeraWulf’s Q1 HPC Revenue Hits $21M, Topping Bitcoin Mining for the First Time

    09/05/2026

    TeraWulf generates $21M in HPC lease revenue as AI infrastructure pivot accelerates

    09/05/2026

    Cango Mined 230 BTC in April, Treasury Reaches 1,057 Bitcoin

    09/05/2026

    Strategic Shift to AI/HPC via New DMG Infrastructure Subsidiary

    09/05/2026

    CFTC Reviews Reporting Rules as Prediction Markets Enter Commodities

    09/05/2026

    Why the Regulator Sees Your Compliance Team as a Single Brain

    09/05/2026

    Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

    09/05/2026

    Canada wants to ban crypto ATMs as fraud fears turn Bitcoin access into a political target

    08/05/2026

    Stablecoins Reshape Finance Through Native Blockchain Infrastructure, Says Venom CEO

    09/05/2026

    New Anonymous Address Withdraws a Staggering $30.3M from FalconX

    09/05/2026

    Why Solv Protocol is ditching LayerZero for Chainlink

    09/05/2026

    Grapefruit Trading Stakes $76.1 Million in ETH, Signaling Institutional Confidence

    09/05/2026
  • 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

New Anonymous Address Withdraws a Staggering $30.3M from FalconX

09/05/2026

Bitcoin has to survive a new major liquidity test today as $2.2B hits the market on top of geopolitical pressure

09/05/2026

Bitcoin Holds $66K as Trump Prioritizes Iran War Exit Over Reopening Hormuz

09/05/2026

Weak Momentum Signals Possible Drop to $62K

09/05/2026
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

Stablecoins Reshape Finance Through Native Blockchain Infrastructure, Says Venom CEO

09/05/2026

New Anonymous Address Withdraws a Staggering $30.3M from FalconX

09/05/2026

Why Solv Protocol is ditching LayerZero for Chainlink

09/05/2026
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.