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

Duan Bin Fund Invests $3.02M in Circle Shares, Signaling Major Institutional Confidence

13/05/2026

Coinbase-backed Fabric fights back as 40% of ROBO airdrop goes to single entity

13/05/2026

30 Defendants Charged in Massive Insider Trading Ring Linked to Law Firms

13/05/2026
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

    Bitcoin Price Prediction as BTC Hits a Tense Decision Zone

    13/05/2026

    BTC Cracks Below $66K as Oil Shock Fuels Inflation, Kills Rate Cut Hopes

    13/05/2026

    Coinbase Surpasses Strategy in Institutional Bitcoin Holdings: What About Satoshi?

    13/05/2026

    Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens

    13/05/2026

    Ethereum Price Faces a Major Test as BitMine Nears 5% ETH Ownership

    13/05/2026

    Ethereum Dominance in DeFi Falls to 54%, Is ETH Losing Control of Biggest Market?

    13/05/2026

    Ethereum Price Is Preparing for a Move to $3K Soon: Here’s Why

    13/05/2026

    Crypto markets predict Ethereum price for May 31, 2026

    13/05/2026

    Coinbase-backed Fabric fights back as 40% of ROBO airdrop goes to single entity

    13/05/2026

    XRP Ascends From 2021 Lows as SEC Proclaims XRP Digital Commodity: Report

    13/05/2026

    Is One Billion Milestone Next?

    13/05/2026

    Stellar Partners With Zebec to Power Real-Time Stablecoin Payroll

    13/05/2026

    Yuga Labs CEO defends Bored Ape price comeback

    12/05/2026

    BAYC, Cryptopunks, and MAYC Floor Prices Climb as Blue-Chip NFT Demand Returns

    11/05/2026

    $X@AI BRC-20 NFTs and Courtyard Outshine Among Weekly Top 10 NFT Performers by Sales Volume

    11/05/2026

    Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk

    10/05/2026

    Duan Bin Fund Invests $3.02M in Circle Shares, Signaling Major Institutional Confidence

    13/05/2026

    Coinbase-backed Fabric fights back as 40% of ROBO airdrop goes to single entity

    13/05/2026

    30 Defendants Charged in Massive Insider Trading Ring Linked to Law Firms

    13/05/2026

    Whales Shorting SK Hynix on Hyperliquid Face Over $1.5M in Losses as Stock Surges

    13/05/2026
  • Blockchain

    FloorForge And Metya Partners To Enable Seamless Social Web3 Applications Across Crypto Launchpad

    13/05/2026

    Mirae Asset Securities US joins DTCC-led tokenization group alongside Wall Street giants

    13/05/2026

    Japan Is Putting Its $1.6T Repo Market on the Blockchain

    13/05/2026

    Movement Invests in Stableyard to Bridge Stablecoin Payments to Real-World Commerce

    13/05/2026

    Re drops LayerZero and goes all-in on Chainlink CCIP for cross-chain transfers

    13/05/2026
  • DeFi

    Galaxy and Sharplink Launch $125M DeFi Yield Fund Targeting Institutional-Grade Returns

    13/05/2026

    Get Rid Of It Altogether, Says Jacobc.eth

    13/05/2026

    Stream Finance Breaks Six Month Silence With Wind-Down Plan

    13/05/2026

    Creek Finance Launches Gold-Backed DeFi Mainnet on Sui

    12/05/2026

    Blazpay Joins Prophit Futures to Accelerate Predictive DeFi Network

    12/05/2026
  • 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

    Duan Bin Fund Invests $3.02M in Circle Shares, Signaling Major Institutional Confidence

    13/05/2026

    Strategy CEO Phong Le frames STRC as income despite payout risks

    13/05/2026

    US Warns Hormuz Digital Asset Payments May Trigger Sanctions Risk

    13/05/2026

    Fed’s Bowman flags rising AI risks to banks, calls for coordinated oversight

    13/05/2026

    Kashkari tempers hopes for 2026 cuts as war muddies inflation path

    13/05/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Whales Shorting SK Hynix on Hyperliquid Face Over $1.5M in Losses as Stock Surges

    13/05/2026

    Spot Trading Volume on Major Centralized Exchanges Fell Nearly 10% in April: CoinGecko

    13/05/2026

    Vlad Tenev Defends Speculators and Prediction Markets

    13/05/2026

    Massive $206M USDC Transfer from Unknown Wallet to Paxos Sparks Market Speculation

    13/05/2026

    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

    GMatrixs And MiniverseCore Join Forces To Unlock Web3 Gaming Experience With Cross-Chain DApp, DeFi Applications

    11/05/2026

    MetaOne Joins MetYa to Boost SocialFi Gaming with Exclusive Rewards

    10/05/2026

    Quantra and FishWar Unite to Advance AI-Powered Web3 Gaming on Sei

    10/05/2026

    Miniverse Partners with UNIPLAY to Expand CoFi Across DeFi and GameFi

    09/05/2026

    Trump directs USTR Greer to impose more tariffs, raising fresh concerns for crypto miners

    13/05/2026

    Keel shares jump as $145M Q1 loss tests former Bitfarms’ AI pivot

    13/05/2026

    CleanSpark stock slides 9% as quarterly earnings miss estimates on bitcoin holdings loss

    13/05/2026

    Bitcoin Mining Operation Builds BTC-Powered Quail Incubators And Brooders

    13/05/2026

    30 Defendants Charged in Massive Insider Trading Ring Linked to Law Firms

    13/05/2026

    South Korea to Impose Crypto Tax, Starting January 2027

    13/05/2026

    Poland weighs rival crypto bills as MiCA rules face delay

    13/05/2026

    Tether executive warns the 2026 midterms could have ‘seismic impact’ on crypto industry

    13/05/2026

    Duan Bin Fund Invests $3.02M in Circle Shares, Signaling Major Institutional Confidence

    13/05/2026

    Coinbase-backed Fabric fights back as 40% of ROBO airdrop goes to single entity

    13/05/2026

    30 Defendants Charged in Massive Insider Trading Ring Linked to Law Firms

    13/05/2026

    Whales Shorting SK Hynix on Hyperliquid Face Over $1.5M in Losses as Stock Surges

    13/05/2026
  • 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

Bitcoin Price Prediction as BTC Hits a Tense Decision Zone

13/05/2026

BTC Cracks Below $66K as Oil Shock Fuels Inflation, Kills Rate Cut Hopes

13/05/2026

Coinbase Surpasses Strategy in Institutional Bitcoin Holdings: What About Satoshi?

13/05/2026

Crypto Trader Predicts Bitcoin Price Will Hit $100,000 Again When This Happens

13/05/2026
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

Duan Bin Fund Invests $3.02M in Circle Shares, Signaling Major Institutional Confidence

13/05/2026

Coinbase-backed Fabric fights back as 40% of ROBO airdrop goes to single entity

13/05/2026

30 Defendants Charged in Massive Insider Trading Ring Linked to Law Firms

13/05/2026
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.