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

Shiba Inu Hits 1.58 Million Holders as Adoption Grows

17/06/2026

US imposes sanctions on companies aiding Iran’s oil shipments to China

17/06/2026

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
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

    Trump’s CEO-filled China visit can decide whether Bitcoin’s $80,000 risk rally survives this week

    17/06/2026

    Copper gold ratio repeats Bitcoin’s 2020 signal

    17/06/2026

    Bitcoin Price Dips Further Below $80K—Bears Tighten Grip On Market

    17/06/2026

    Previous Bitcoin’s Market Top Was Hidden Behind Sophisticated Whale Distribution — Analyst Explained

    17/06/2026

    Ali Martinez Reveals Bitcoin, Ethereum, and XRP Bottom Targets

    17/06/2026

    Parataxis Ethereum Expands Crypto Holdings with 398 ETH Purchase

    16/06/2026

    F2Pool Founder Moves $26.4 Million in ETH From Binance, On-Chain Data Shows

    16/06/2026

    Fear Index at 12 as ETH Clings to $1,660

    16/06/2026

    Shiba Inu Hits 1.58 Million Holders as Adoption Grows

    17/06/2026

    List of the 15 Most-Searched Altcoins in Recent Hours Revealed

    17/06/2026

    A Large Number of Token Unlock Events Are Scheduled for 17 Altcoins This Week—Here’s the Day-by-Day, Hour-by-Hour Schedule

    17/06/2026

    Trump’s official memecoin extends slide as he hosts exclusive investor gala

    17/06/2026

    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

    Shiba Inu Hits 1.58 Million Holders as Adoption Grows

    17/06/2026

    US imposes sanctions on companies aiding Iran’s oil shipments to China

    17/06/2026

    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

    Rock Paper Scissors game on Neo X demonstrates anti-MEV protection

    17/06/2026
  • Blockchain

    Rock Paper Scissors game on Neo X demonstrates anti-MEV protection

    17/06/2026

    Interstate Joins Raydium to Advance Solana Trading Via Next-Gen Liquidity Integration

    17/06/2026

    The Sony-Backed Blockchain Built for Entertainment, Fans, and Creators

    17/06/2026

    OKX Chainlink Integration Goes Live, Eyes $80T RWA Opportunity

    17/06/2026

    A $12.6 Trillion Market Just Moved Further Onchain

    17/06/2026
  • DeFi

    Liquify DAO and M3 DAO Partner to Advance Web3 Growth and Community Expansion

    17/06/2026

    HashKey Chain Partners Morpho to Blend Compliance and DeFi for Institutional CeDeFi and RWA Lending

    17/06/2026

    Grayscale Analysis Pegs AAVE as Undervalued, Sets $175 Bull Case Target

    17/06/2026

    DeFi Lending and DEX Fees Slump as Leverage Drains Out After June Selloff

    17/06/2026

    JustLend DAO launches Supply and Borrow Market V2 with isolated lending architecture

    17/06/2026
  • 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

    “Vibe Trading” Post by Iran Negotiator Draws Attention Amid Timed Oil Trades

    17/06/2026

    Startale expands to Abu Dhabi through Hub71

    17/06/2026

    U.S. President Donald Trump Makes a Statement on the Iran Ceasefire – “The Likelihood of an Extension Is Very Low”

    17/06/2026

    AlphaTON adopts Alpha Compute name to sharpen AI infrastructure push

    17/06/2026

    Donald Trump Makes Statement on the Iran Deal – Here Are the Details

    17/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    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

    Bybit follows Kraken in offering tokenized SpaceX IPO access via xStocks

    17/06/2026

    Wall Street Is Coming for Hyperliquid’s Perps Crown, Arthur Hayes Says

    17/06/2026

    TradFi Futures Surge on Crypto Exchanges as Spot Trading Slows: CryptoQuant

    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

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

    17/06/2026

    Crypto Miner MARA Buys 1,000 Bitcoin

    16/06/2026

    India Should Mine Bitcoin Domestically to Curb Dollar Outflow, Says Crypto Educator

    16/06/2026

    Iren acquires Spanish AI data center developer Nostrum Group

    16/06/2026

    US imposes sanctions on companies aiding Iran’s oil shipments to China

    17/06/2026

    Family of Florida mass shooting victim sues OpenAI in US court

    17/06/2026

    European Union imposes sanctions on Israeli settlers after Hungary lifts veto

    17/06/2026

    Trump says US-Iran ceasefire is on life support after rejecting peace proposal

    17/06/2026

    Shiba Inu Hits 1.58 Million Holders as Adoption Grows

    17/06/2026

    US imposes sanctions on companies aiding Iran’s oil shipments to China

    17/06/2026

    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

    Rock Paper Scissors game on Neo X demonstrates anti-MEV protection

    17/06/2026
  • 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

Trump’s CEO-filled China visit can decide whether Bitcoin’s $80,000 risk rally survives this week

17/06/2026

Copper gold ratio repeats Bitcoin’s 2020 signal

17/06/2026

Bitcoin Price Dips Further Below $80K—Bears Tighten Grip On Market

17/06/2026

Previous Bitcoin’s Market Top Was Hidden Behind Sophisticated Whale Distribution — Analyst Explained

17/06/2026
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

Shiba Inu Hits 1.58 Million Holders as Adoption Grows

17/06/2026

US imposes sanctions on companies aiding Iran’s oil shipments to China

17/06/2026

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
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.