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

Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

20/08/2026

South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

20/08/2026

SecondFi hack forces Cardano firm to give up running TOKEN2049

20/08/2026
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

    Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

    20/08/2026

    Why Overtrading Is Your Biggest Risk

    20/08/2026

    Bitcoin whales load up on $1.2 billion in BTC as ETFs attract $750 million

    20/08/2026

    Bitcoin Whales Continue Accumulating BTC, They’ve Purchased $1.2 Billion Worth of BTC! Here Are the Details

    20/08/2026

    Ethereum and Solana may become scarcer – THESE Grayscale projections say…

    19/08/2026

    Ethereum price eyes a breakout – Why ETH/BTC’s 0.03 level is key

    19/08/2026

    Ethereum devs to narrow 66 proposals tied to Hegotá upgrade

    19/08/2026

    Over 1.3 million staked tokens remain stranded onchain after a major validator missed its deadline to exit Aztec

    18/08/2026

    SecondFi hack forces Cardano firm to give up running TOKEN2049

    20/08/2026

    MemeToro Stands Out Among New 2026 Presales

    20/08/2026

    MemeToro, Bitcoin Hyper and Remittix Gain Momentum

    20/08/2026

    Time to Switch to New AI Agent Crypto Presales?

    20/08/2026

    How StonkBrokers Turned a JPEG Into a Brokerage Account

    18/08/2026

    OpenSea founder pivoted to AI — and won

    17/08/2026

    Fake World Assets Opens Its Gacha Pool to New NFT Collections

    17/08/2026

    Artprice’s AI-First Shift Raises the Stakes for NFT and Tokenized Art Valuation

    15/08/2026

    Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

    20/08/2026

    South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

    20/08/2026

    SecondFi hack forces Cardano firm to give up running TOKEN2049

    20/08/2026

    Dartmouth endowment’s crypto exposure drops by $2M amid falling prices

    20/08/2026
  • Blockchain

    MemeToro Releases Integrated Ecosystem Framework for the $MT Utility Token

    19/08/2026

    Solana adds $378M in tokenized T-bills – Is Ethereum losing ground?

    19/08/2026

    Venom Foundation Proposes Standardized Blockchain TPS Benchmark

    19/08/2026

    NAVI Prime launches institutional lending framework on Sui

    19/08/2026

    Pharos expands RealFi ecosystem with PGNGI+, a tokenized infrastructure fund product linked to Partners Group

    18/08/2026
  • DeFi

    USDG DeFi Deposits Hit $929.2M as Paxos-Issued Stablecoin Gains Traction

    20/08/2026

    BounceBit Launches Borobudur Credit Layer Backed by Franklin Templeton Tokenized Fund

    20/08/2026

    Where DeFi yield really comes from (and why it broke this spring)

    20/08/2026

    Curve Finance Completes Llamalend V2 Audit, Expands Cross-Chain Lending

    20/08/2026

    Crypto-Backed Lending Drops 17% in Q2 as CeFi Surpasses DeFi for First Time Since 2023

    19/08/2026
  • 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

    South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

    20/08/2026

    FED Interest Rate Decision is Imminent! Former Senior FED Advisor Reveals His Prediction for Today!

    20/08/2026

    Is 118% Upside Still Realistic?

    20/08/2026

    2 projects own 67% of all app revenue, ARK warns

    20/08/2026

    Highly Anticipated Fed Interest Rate Decision Released — Here’s Bitcoin’s Initial Reaction

    19/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitcoin.com integrates UAE-regulated USDU stablecoin into its crypto wallet

    20/08/2026

    China triples its e-CNY network in 2026 as 8 more banks join the CBDC push this week

    20/08/2026

    Stablecoin Balances on Major Crypto Exchanges Dropped 20% from Their 2025 Peak! Here Are the Details

    20/08/2026

    Binance Releases 45th Proof-of-Reserve Report, Users’ Bitcoin Holdings Rise!

    20/08/2026

    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

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

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

    01/08/2026

    Canaan counted paused Ethiopia mining as nearly 35% of its July operating hashrate total

    19/08/2026

    HIVE’s $84.7 million Swedish tax provision eclipsed revenue even as Bitcoin output hit a record

    19/08/2026

    Bitcoin Miners AI Pivot Doubles Valuations Despite Bitcoin’s 45% Price Drop

    19/08/2026

    DMND Integrates Mempool Accelerator With Miner Revenue Sharing Using StratumV2

    19/08/2026

    Dartmouth endowment’s crypto exposure drops by $2M amid falling prices

    20/08/2026

    Ireland’s New AML Strategy Brings ‘Enhanced Checks’ on Private Crypto Wallets

    20/08/2026

    CFTC puts crypto jurisdiction on August 20 agenda – What changes?

    20/08/2026

    What the CLARITY Act Actually Does for Bitcoin

    20/08/2026

    Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

    20/08/2026

    South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

    20/08/2026

    SecondFi hack forces Cardano firm to give up running TOKEN2049

    20/08/2026

    Dartmouth endowment’s crypto exposure drops by $2M amid falling prices

    20/08/2026
  • 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

Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

20/08/2026

Why Overtrading Is Your Biggest Risk

20/08/2026

Bitcoin whales load up on $1.2 billion in BTC as ETFs attract $750 million

20/08/2026

Bitcoin Whales Continue Accumulating BTC, They’ve Purchased $1.2 Billion Worth of BTC! Here Are the Details

20/08/2026
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

Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

20/08/2026

South Korea’s KOSPI has erased more than Bitcoin’s market cap in 29 days

20/08/2026

SecondFi hack forces Cardano firm to give up running TOKEN2049

20/08/2026
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.