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

MemeToro AI Presale Ready to Capture Memecoin Hype

14/08/2026

‘Nobody controls Bitcoin, the network has spoken’

14/08/2026

Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

14/08/2026
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

    ‘Nobody controls Bitcoin, the network has spoken’

    14/08/2026

    Bitcoin Whale Wallet Count Hits Six-Month High as Retail Bows Out

    14/08/2026

    Bitcoin’s ‘strongest hands’ are back, on-chain data show

    14/08/2026

    How the July CPI Report Might Impact Bitcoin and Market Outlook

    14/08/2026

    Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

    14/08/2026

    Fidelity moves to add staking, quarterly payouts to near $900 million ether ETF

    14/08/2026

    Bitmine Adds $289.4M in ETH to Staking, Now Controls 4.2% of Ethereum Supply

    14/08/2026

    Jeffrey Huang Loses $2.5M in ETH Long Liquidations, Reopens High-Leverage Position

    14/08/2026

    A Closer Look at Avalanche’s 2026 Fundamentals

    14/08/2026

    Grayscale expands crypto ETF push with Worldcoin filing

    14/08/2026

    The Transfer Agent Filing Reshaping INJ’s Future

    14/08/2026

    Cardano Founder Charles Hoskinson Speaks About the Drop in the Price of ADA

    14/08/2026

    Spritehood NFTs raise $1.28M on Robinhood Chain

    12/08/2026

    The controversial return of Pudgy Penguins founder ColeThereum

    11/08/2026

    67 Investors Paid $10M for NFT Tokens That Launched Worthless

    09/08/2026

    StonkBrokers NFT Floor Price Surges Past 9.2 ETH, Marking 20% Daily Gain

    08/08/2026

    MemeToro AI Presale Ready to Capture Memecoin Hype

    14/08/2026

    ‘Nobody controls Bitcoin, the network has spoken’

    14/08/2026

    Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

    14/08/2026

    Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing

    14/08/2026
  • Blockchain

    MemeToro AI Presale Ready to Capture Memecoin Hype

    14/08/2026

    ADI Chain and Shipfinex to Tokenize $680B Ship Finance Market on Blockchain

    13/08/2026

    APAC tokenized assets adoption jumps to 68% among investors, survey finds

    13/08/2026

    All You Need to Know About BNB’s Crucial Update

    13/08/2026

    What are blockchain oracles and why smart contracts cannot work without them

    13/08/2026
  • DeFi

    Uniswap Founder Says Team Renounced Creator Fees From Employee Testing

    14/08/2026

    SushiSwap-Backed Pools.fun Announces Protocol Token Launch with Buyback and Airdrop Plans

    13/08/2026

    ‘DeFi doesn’t exist anymore,’ just onchain finance: Andre Cronje

    13/08/2026

    Ether.fi rolls out next-generation neobank services

    13/08/2026

    XRP Holders Can Now Trade Options Using Flare’s FXRP as Collateral

    13/08/2026
  • 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

    Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing

    14/08/2026

    Tomorrow sees a massive liquidity trap for Bitcoin as the US Treasury is quietly draining $77 billion from bank reserves

    14/08/2026

    Yellow Card raises $40 million to link banks to stablecoin processing

    14/08/2026

    Galaxy Digital shares slip 5% after second-quarter results

    14/08/2026

    Noumura’s Laser Digital backs ZIGChain for onchain private credit push in UAE

    14/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    BitGo Link unifies exchange accounts for institutions

    14/08/2026

    Western Union debuts Visa card backed by Solana-based stablecoin USDPT

    14/08/2026

    Hyperliquid Scores New $4 Billion All-Time High in Real-World Asset Trading

    14/08/2026

    Open USD rattled Circle’s stock, but its key backers still support USDC

    14/08/2026

    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

    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

    why gameplay now beats crypto rewards

    29/07/2026

    Bitcoin miner stocks rally in 2026 – How AI infrastructure reshaped BTC’s outlook

    14/08/2026

    Riot Platforms Sells 4,300 BTC to Fund Operations

    13/08/2026

    Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

    13/08/2026

    Even if Bitcoin rises 30% a year this renewable mining model still loses money as hashrate keeps pace

    13/08/2026

    What Are His Next Legal Options

    14/08/2026

    Former SEC Boss Behind Ripple Lawsuit Sworn In as Intelligence Chief

    14/08/2026

    US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks

    14/08/2026

    Republicans Continue To Blame Democrats Over Stalled Crypto Clarity Act

    14/08/2026

    MemeToro AI Presale Ready to Capture Memecoin Hype

    14/08/2026

    ‘Nobody controls Bitcoin, the network has spoken’

    14/08/2026

    Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

    14/08/2026

    Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing

    14/08/2026
  • 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

‘Nobody controls Bitcoin, the network has spoken’

14/08/2026

Bitcoin Whale Wallet Count Hits Six-Month High as Retail Bows Out

14/08/2026

Bitcoin’s ‘strongest hands’ are back, on-chain data show

14/08/2026

How the July CPI Report Might Impact Bitcoin and Market Outlook

14/08/2026
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

MemeToro AI Presale Ready to Capture Memecoin Hype

14/08/2026

‘Nobody controls Bitcoin, the network has spoken’

14/08/2026

Ethereum staking hits record high – Will EIP-8363 slow ETH issuance?

14/08/2026
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.