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

Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

09/06/2026

Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures

09/06/2026

Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

09/06/2026
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

    Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

    09/06/2026

    Bitcoin Pulls Back to $76.9K Amid Sharp ETF Outflows and Weak Spot Liquidity

    09/06/2026

    “We Were Saving Bitcoin for a Rainy Day, and That Day Has Come”

    09/06/2026

    Bitcoin Price Slides Below $77,000 as ETF Exodus Tops $1 Billion

    08/06/2026

    “Today Could Be the Day Ethereum Starts Outperforming Bitcoin”

    07/06/2026

    Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling Pressure

    07/06/2026

    Digital Asset Company Bitmine Continues to Buy Ethereum Despite Market Sellouts! Here’s the Latest Purchase Amount

    07/06/2026

    ShapeShift-Linked Whale Accumulates 6,688 ETH Worth $12.8 Million in Eight Hours

    07/06/2026

    Interest in Digital Gold Increases! Tether Gold’s Market Value Hits Record High! Here Are the Details

    09/06/2026

    Wall Street Giant DTCC Includes a Surprise Altcoin in its Working Group!

    09/06/2026

    Telegram set to lead TON network and become its largest validator

    08/06/2026

    Week in Review – April 27 – May 3

    08/06/2026

    TON Blockchain’s Cross-Chain NFT Market Share Jumps 130% in Q1 Despite Token Price Decline

    08/06/2026

    White hats rescue $500K in NFTs after Flooring exploit

    08/06/2026

    Yuga Labs recovers high-value NFTs in preemptive security operation after protocol flaw discovered

    08/06/2026

    NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-Chip Gains

    07/06/2026

    Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

    09/06/2026

    Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures

    09/06/2026

    Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

    09/06/2026

    Boundary Labs Raises $2M From Galaxy Ventures for Institutional Stablecoin USBD

    09/06/2026
  • Blockchain

    Cardano powers Brazil Olympic tech push with blockchain and AI

    08/06/2026

    M3 DAO and FISH Join Forces to Scale Community-Driven Poker Across Web3

    08/06/2026

    0x Opens Cross-Chain API to All Developers with 12 Bridge Partners on Day One

    08/06/2026

    JPMorgan and rivals back tokenized deposit network for 2027 launch

    08/06/2026

    Anome Protocol and 4AIBSC Partner to Scale AI-Powered Applications in Web3

    08/06/2026
  • DeFi

    DeFi’s old hack vectors are fading – But the new risk can hit six chains at once

    08/06/2026

    Astarter Partners With Orix AI, Unlocking Seamless DeFi Access and User Benefits

    08/06/2026

    PiggyBank Hedge Drawdown Hits 15% NAV, ZachXBT Flags Risk

    08/06/2026

    A New Era in On-Chain Lending

    08/06/2026

    MetaMask launches AI agent wallet with built-in security for crypto trades

    08/06/2026
  • Metaverse

    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

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

    25/03/2026
  • Regulation

    Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

    09/06/2026

    Boundary Labs Raises $2M From Galaxy Ventures for Institutional Stablecoin USBD

    09/06/2026

    Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO

    08/06/2026

    Inflows into ETFs have fueled crypto gains—why?

    08/06/2026

    Here is why Circle is betting on new $3 billion blockchain

    08/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures

    09/06/2026

    MoonPay Brings Crypto Transactions to Claude and Codex With MoonAgents Desktop App

    09/06/2026

    Hyperliquid Has Become Wall Street’s Go-to Weekend and After-Hours Perps Venue

    08/06/2026

    KieDex Teams Up with iFlux Global to Boost Web3 Adoption

    08/06/2026

    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

    Pi Network Expands Gaming Ecosystem as CiDi Games Launches Developer Center

    03/06/2026

    GMATRIXS Taps GamePad to Boost Web3 Gaming and DeFi Infrastructure

    02/06/2026

    GamePad Joins Mouse to Simplify On-Chain Transactions for Millions of Gamers

    31/05/2026

    Could Grand Theft VI be the first ‘crypto native’ video game in history? The internet weighs in

    27/05/2026

    Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s

    08/06/2026

    Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center

    07/06/2026

    Why Bitcoin miners are quietly becoming AI data centers

    07/06/2026

    Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here’s How

    05/06/2026

    China’s top judiciary studies new rules for virtual currency cases

    09/06/2026

    Fraudsters launder $4 billion through Russian crypto trading platforms

    08/06/2026

    Kenyan Official Rejects New Crypto Tax Claims as Nairobi Tightens Virtual Asset Rules

    08/06/2026

    Crypto cash backs potential new allies in Congress as industry’s PAC presence widens

    08/06/2026

    Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

    09/06/2026

    Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures

    09/06/2026

    Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

    09/06/2026

    Boundary Labs Raises $2M From Galaxy Ventures for Institutional Stablecoin USBD

    09/06/2026
  • 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

Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

09/06/2026

Bitcoin Pulls Back to $76.9K Amid Sharp ETF Outflows and Weak Spot Liquidity

09/06/2026

“We Were Saving Bitcoin for a Rainy Day, and That Day Has Come”

09/06/2026

Bitcoin Price Slides Below $77,000 as ETF Exodus Tops $1 Billion

08/06/2026
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

Anchorage is stepping back from Robinhood and Kraken-backed stablecoin group

09/06/2026

Kalshi Goes Live With America’s First Regulated Bitcoin Perpetual Futures

09/06/2026

Bitcoin Hits Major ‘Wall of Resistance,’ Warns CryptoQuant Research Head

09/06/2026
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.