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

Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

02/08/2026

Bulls and Bears Clash at a Critical Level

02/08/2026

Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

02/08/2026
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

    What’s the Reason? Massive Liquidations Underway—Here’s the Latest

    02/08/2026

    Can yield beat Bitcoin? BlackRock’s BITA sparks debate

    02/08/2026

    Stafford Masie on Why Bitcoin Is the Ultimate Tool for Africa’s Growth

    02/08/2026

    After a Sharp Drop, Expert Benjamin Cowen Shared What He Expects for the Bitcoin Price Going Forward

    02/08/2026

    Bulls and Bears Clash at a Critical Level

    02/08/2026

    Arthur Hayes Adds $6.3M in ETH, Extending Recent Buying Streak

    31/07/2026

    Ethereum Could Hit $20K as Multi-Year BTC Base Completes: Analyst

    31/07/2026

    Bitmine Withdraws $14.6M in ETH from BitGo, On-Chain Data Shows Continued Accumulation

    31/07/2026

    Andrew Yang’s Noble Acquires Crypto-Fueled Helium Mobile Service

    02/08/2026

    Zcash validators adopt emergency hard fork-style upgrade after Orchard vulnerability discovery

    02/08/2026

    Ripple Has Promised an IPO for 12 Years. The Endless Wait Is Starting to Weigh on XRP

    02/08/2026

    Coinbase invests in Ethena via open market purchase of ENA, flags new partnership

    02/08/2026

    Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

    02/08/2026

    Are NFTs Dead in 2026? What Happened to the Market

    29/07/2026

    NFT Gacha Protocol Fake World Assets Trails Only Sky in Ethereum Daily Revenue

    28/07/2026

    Tensor HQ Declares NFTs Are Forever as Community Engagement Grows

    26/07/2026

    Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

    02/08/2026

    Bulls and Bears Clash at a Critical Level

    02/08/2026

    Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

    02/08/2026

    Andrew Yang’s Noble Acquires Crypto-Fueled Helium Mobile Service

    02/08/2026
  • Blockchain

    Researchers Introduce ZKPoSP to Future-Proof Blockchain Wallets Against Quantum Threats

    02/08/2026

    ZENi Joins Zypher Network to Accelerate AI + ZK Web4 Framework

    02/08/2026

    Aurora Joins Solflare to Enable Seamless Cross-Chain Transactions

    02/08/2026

    Pharos Harbor AUM Surpasses $140 Million as RealFi Ecosystem Gains Traction

    02/08/2026

    Onchain Vaults Could Become Crypto’s Next Wall Street Breakthrough – Grayscale

    02/08/2026
  • DeFi

    Morph Joins Bitget, Morpho, and Gauntlet to Offer Institutional-Scale DeFi Yield

    01/08/2026

    Why DeFi giant Aave is pulling the plug on six hyped blockchains making less than $5,000 a quarter

    01/08/2026

    Uniswap Launches Earn Feature for Onchain Deposits in USDC, USDT, and ETH

    31/07/2026

    Coinbase Wrapped XRP Expands DeFi Utility Through Doppler Finance on Base

    31/07/2026

    Aave is Gradually Removing 75 Low-Utilization Reserve Assets from its Platform! Here are the Details

    31/07/2026
  • 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

    Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

    02/08/2026

    Circle became a federal trust bank – now lenders warn stablecoins is projected to drain $500 billion

    02/08/2026

    Crypto executives say digital native generations may never need a bank account

    02/08/2026

    Elon Musk’s Net Worth Falls Below $900 Billion After SpaceX Stock Retreat

    02/08/2026

    $12 Billion Disappears in 2 Months While Tether Refuses to Flinch

    02/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    AEON hits $475M in cumulative on-chain volume, eyes AI agent payment infrastructure

    02/08/2026

    What Prediction Markets are Getting the Most Volume Today?

    02/08/2026

    Bybit brings AAA-rated tokenized USD liquidity to institutional traders

    02/08/2026

    Coinbase names new CTO after 14% workforce cut

    02/08/2026

    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

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    Top 11 NFT games to play in July 2026

    16/07/2026

    Bitdeer Sells All 271.3 BTC Mined This Week, Extending Zero-Treasury Policy

    02/08/2026

    difficulty falls 19.9% as miners pivot to AI

    02/08/2026

    Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake

    01/08/2026

    A major Japanese Bitcoin mining pool just pulled the plug on its Bitcoin service just as 3 mega-miners claimed 60% of the network

    01/08/2026

    GrapheneOS Pushes Back as Duress Password Case Proceeds

    02/08/2026

    JPMorgan says fading Clarity Act odds weigh on crypto outlook

    02/08/2026

    CME’s Duffy warns an overlooked tax risk looms over U.S. perpetual futures

    02/08/2026

    CLARITY Act wins police backing as odds fall to 30%

    02/08/2026

    Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

    02/08/2026

    Bulls and Bears Clash at a Critical Level

    02/08/2026

    Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

    02/08/2026

    Andrew Yang’s Noble Acquires Crypto-Fueled Helium Mobile Service

    02/08/2026
  • 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

What’s the Reason? Massive Liquidations Underway—Here’s the Latest

02/08/2026

Can yield beat Bitcoin? BlackRock’s BITA sparks debate

02/08/2026

Stafford Masie on Why Bitcoin Is the Ultimate Tool for Africa’s Growth

02/08/2026

After a Sharp Drop, Expert Benjamin Cowen Shared What He Expects for the Bitcoin Price Going Forward

02/08/2026
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

Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

02/08/2026

Bulls and Bears Clash at a Critical Level

02/08/2026

Hyperliquid’s Jeff Yan warns crypto is losing its brightest minds to AI

02/08/2026
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.