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

Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks

19/06/2026

Shiba Inu Retains Network Strength With 405% Surge in Burn Rate

19/06/2026

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

19/06/2026
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

    Peter Brandt Explains Why Current Bitcoin Surge Is Trap

    19/06/2026

    Global financial crisis fears grow as bond yields hit 1998 levels and Bitcoin drops below $80,000

    19/06/2026

    Bitcoin ETF IBIT outpaces gold GLD by 33 points as $13B capital rotation accelerates

    19/06/2026

    Strategy’s STRC may be fueling recurring mid-month bitcoin rallies, K33 says

    19/06/2026

    ETH’s Recovery Hinges on This Level as Bulls Aim for $2K

    19/06/2026

    ETHGas’s token drops 14% as Ethereum gas fees hit 0.10 Gwei

    19/06/2026

    Breakout Or Rejection At $1,850?

    19/06/2026

    range of only $44, breakout is near

    19/06/2026

    Shiba Inu Retains Network Strength With 405% Surge in Burn Rate

    19/06/2026

    Top memecoin holders expected to attend Trump luncheon

    19/06/2026

    Justin Sun’s Tron Keeps Buying Its Own Token—and Says It Won’t Stop

    19/06/2026

    Humanity Foundation forces $H investors into a brutal choice before April 26

    19/06/2026

    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

    Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit

    09/06/2026

    Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks

    19/06/2026

    Shiba Inu Retains Network Strength With 405% Surge in Burn Rate

    19/06/2026

    U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

    19/06/2026

    Peter Brandt Explains Why Current Bitcoin Surge Is Trap

    19/06/2026
  • Blockchain

    Dogecoin Developer Files USPTO Patent for Modular Blockchain Framework

    19/06/2026

    STAC Fund Expands to Solana

    19/06/2026

    Pharos Network Adds PROS and USDC Payment Options for AI Model Services

    19/06/2026

    Most of Ripple’s own stablecoin lives on Ethereum

    18/06/2026

    DIA’s Oracle Goes Live on LitecoinVM to Bolster DeFi on L2 Chain

    18/06/2026
  • DeFi

    XBIT DEX Partners with GamePad to Power Stable DeFi, Fix Breakdowns with Continuous Executions

    19/06/2026

    Bitcoin layer-2s face a bear-market reality check

    18/06/2026

    Aave V4 Hits $175 Million in Deposits — What Does This Mean for Users?

    18/06/2026

    Yearn Finance Tops Santiment’s Yield Farming Development Rankings as Katana Slips

    18/06/2026

    ORE Protocol Confirms Staking Bug, Users Must Migrate Now

    18/06/2026
  • 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

    Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks

    19/06/2026

    Robinhood stock gains as analysts back growth despite layoffs

    19/06/2026

    Kevin Warsh’s Fed debut jolts crypto as rate-cut hopes fade

    19/06/2026

    Will the AI Bubble Burst and Drag Down the S&P 500?

    19/06/2026

    Coinbase Ventures Backs RWA Tokenization Protocol Multipli in Undisclosed Deal

    19/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    New Tokens Average at 2,341%, TradFi Futures Volume Climbs 55%: MEXC April Report

    18/06/2026

    Castrum Istanbul Makes Strategic Investment In AIPayWithCrypto, Expanding Global Crypto Access

    18/06/2026

    Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ‘Ready and Connected’

    18/06/2026

    15 Altcoins See a Boom in Trading Volume in South Korea – XRP Is No Longer at the Top; Here’s the List

    17/06/2026

    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

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

    19/06/2026

    Bitcoin miners need billions to fund AI ambitions, led by IREN’s $21B gap

    18/06/2026

    A Second Nation Just Built a State Bitcoin Mining Pool — Oman’s Omanhash.om Redraws the Map

    18/06/2026

    Bitcoin miners’ AI pivot faces $50 billion reality check, says VanEck

    17/06/2026

    U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

    19/06/2026

    Failed crypto trader has less than two days to prove he didn’t kill his mother

    19/06/2026

    Wealthsimple brings 4,000 Kalshi prediction market contracts to Canada

    19/06/2026

    Ireland mulls crypto safeguards in response to financial risks

    19/06/2026

    Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks

    19/06/2026

    Shiba Inu Retains Network Strength With 405% Surge in Burn Rate

    19/06/2026

    U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

    19/06/2026

    Peter Brandt Explains Why Current Bitcoin Surge Is Trap

    19/06/2026
  • 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

Peter Brandt Explains Why Current Bitcoin Surge Is Trap

19/06/2026

Global financial crisis fears grow as bond yields hit 1998 levels and Bitcoin drops below $80,000

19/06/2026

Bitcoin ETF IBIT outpaces gold GLD by 33 points as $13B capital rotation accelerates

19/06/2026

Strategy’s STRC may be fueling recurring mid-month bitcoin rallies, K33 says

19/06/2026
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

Bitcoin, ether slide after a hawkish Fed, even as Trump’s signed Iran deal lifts stocks

19/06/2026

Shiba Inu Retains Network Strength With 405% Surge in Burn Rate

19/06/2026

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

19/06/2026
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.