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

Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial

26/04/2026

CME Gap vs Trendline Clash

26/04/2026

Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH

26/04/2026
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

    CME Gap vs Trendline Clash

    26/04/2026

    Demonstration of “Attack Blocks” On Bitcoin’s Signet Test Network

    26/04/2026

    $22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

    26/04/2026

    Why Bitcoin briefly jumped above $70,000 on Iran deal hopes as Trump’s Hormuz threat keeps rally fragile

    26/04/2026

    Bitmine to buy 10,000 ether for $23.9 million from the Ethereum Foundation

    26/04/2026

    Ethereum price consolidates at $2,300 as ETFs break 10-day inflow run

    26/04/2026

    Ethereum Foundation Has Announced It Sold ETH Again—This Time, They Sold Twice as Much as in the Last Sale

    26/04/2026

    Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

    26/04/2026

    List of Altcoins with the Highest Inflows and Outflows Over the Past Week Has Been Released

    26/04/2026

    List of the Most Popular Altcoins Among Users Over the Past Week Released

    26/04/2026

    2 Days Till Key Event for XRP in Japan

    26/04/2026

    Shibarium Transactions See 1,889% Drop Amid Reset

    26/04/2026

    Cardano NFT Marketplace Announces Permanent Closure, Shocking ADA Community

    24/04/2026

    Bored Ape Yacht Club turns five today and nobody seems to care

    23/04/2026

    WWE Partners with Blockchain Creative Labs for Official NFT Marketplace – Epic Digital Collectibles Ahead

    20/04/2026

    Top 10 NFT Performers by Weekly Sales Volume, Courtyard Outshines

    19/04/2026

    Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial

    26/04/2026

    CME Gap vs Trendline Clash

    26/04/2026

    Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH

    26/04/2026

    Bitmine to buy 10,000 ether for $23.9 million from the Ethereum Foundation

    26/04/2026
  • Blockchain

    Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial

    26/04/2026

    Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

    26/04/2026

    Christian Catalini: AI will transform job markets, coding professions face uneven automation, and human expertise remains critical in decision-making

    26/04/2026

    B.AI and Pundi X Unveil Autonomous AI Data Framework

    25/04/2026

    Complete Guide to Etherscan and Its Usage

    25/04/2026
  • DeFi

    Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH

    26/04/2026

    Aurelion allocates $48M in tokenized gold to new XAUE yield protocol

    26/04/2026

    DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

    26/04/2026

    DeFi losses are now 8,500% higher than TradFi breaches per dollar moved

    26/04/2026

    ‘Precautionary’- Wrapped Bitcoin (wBTC) tightens security after KelpDAO $293M exploit

    26/04/2026
  • Metaverse

    ‘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

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026
  • Regulation

    Ed Chin: Hedge funds can exploit crypto market inefficiencies, the need for a multi-strategy approach, and unique opportunities in private credit

    26/04/2026

    Michael Intrator: GPU technology’s adaptability beyond crypto, the monetization of AI through inference, and why GPU lifespan misconceptions are misleading

    26/04/2026

    Paul Gillingham: Mexico’s hands-off governance fosters stability, Yucatan’s tourism-driven safety, and Oaxaca’s unique political autonomy

    26/04/2026

    Joey Gilkey: Acquiring intellectual property boosts company valuation, the truth about proprietary data in the industry, and scaling tech services without sacrificing quality

    26/04/2026

    Eric Wallerstein: Geopolitical shifts prioritize natural resources, the US holds significant geoeconomic leverage, and tariffs require a broader context

    26/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Infinite Launches Fiat and Stablecoin Bank Accounts Powered by Erebor Bank for US Businesses

    25/04/2026

    Gensyn Network Debuts Delphi, a Permissionless AI Prediction Market Platform, on Mainnet

    25/04/2026

    Moneygram and Stellar Expand USDC Push Amid Stablecoin Growth

    25/04/2026

    Cardano Rolls Out Physical Visa Debit Card with Up to 8% Cryptoback Rewards

    25/04/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

    25/04/2026

    GameFi is effectively dead as 93% of projects collapse

    23/04/2026

    More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    23/04/2026

    UXLINK Taps ANOME Protocol to Redefine Web3 Gaming, SocialFi, and NFTFi

    23/04/2026

    Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities

    26/04/2026

    Bitdeer Sells All 185.7 BTC Mined This Week, Extending Zero-Holding Strategy

    25/04/2026

    Brazil and Venezuela Show Potential to Grow Latam’s Bitcoin Mining Share

    25/04/2026

    Largest Bank in Brazil Moves to Invest in Bitcoin Mining

    24/04/2026

    UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine

    26/04/2026

    Prediction Market Lobbying Spend Rises Over 60% as Regulatory Pressure Builds in Washington

    26/04/2026

    New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

    26/04/2026

    “We Were Wrong About Cryptocurrencies”

    26/04/2026

    Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial

    26/04/2026

    CME Gap vs Trendline Clash

    26/04/2026

    Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH

    26/04/2026

    Bitmine to buy 10,000 ether for $23.9 million from the Ethereum Foundation

    26/04/2026
  • 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

Related Posts

CME Gap vs Trendline Clash

26/04/2026

Demonstration of “Attack Blocks” On Bitcoin’s Signet Test Network

26/04/2026

$22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

26/04/2026

Why Bitcoin briefly jumped above $70,000 on Iran deal hopes as Trump’s Hormuz threat keeps rally fragile

26/04/2026
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

Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial

26/04/2026

CME Gap vs Trendline Clash

26/04/2026

Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH

26/04/2026
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.