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

Venezuelan Banking System to Harness Stablecoins, Milei Scores Landslide Victory

30/12/2025

Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy

30/12/2025

CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan

30/12/2025
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

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Bitmine Ethereum Accumulation Is Redefining Institutional Crypto Bets

    30/12/2025

    4 Warning Signs Suggest Ethereum (ETH) Price May Not Recover Soon in Late December

    30/12/2025

    Ethereum ETFs Bleed for 2 Weeks, But This Key Level Retest Could Flip the Script

    30/12/2025

    Ethereum unlikely to reach new highs in 2026: Ben Cowen

    30/12/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    DMarket locked in at top spot as NFT sales endure minor drop

    27/12/2025

    NFT sales show minor drop to $65.5M, Ethereum sales plunge 24%

    27/12/2025

    How NFT Marketplaces Adapted to Survive in 2025

    27/12/2025

    Pudgy Penguins brings NFT characters to the Las Vegas Sphere during Christmas

    26/12/2025

    Venezuelan Banking System to Harness Stablecoins, Milei Scores Landslide Victory

    30/12/2025

    Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy

    30/12/2025

    CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan

    30/12/2025

    Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments

    30/12/2025
  • Blockchain

    OneKey Taps LI.FI to Launch ‘Year-End Trading Carnival’ for Seamless Cross-Chain Trading

    30/12/2025

    Top 6 BNB Chain DApps on BNB Chain With Highest User Activity in the Past 7 Days 

    30/12/2025

    ATT Global Partners with MindKit DAO to Redefine AI-Driven Web3 Advertising

    30/12/2025

    Orexn Connects Crypto Launchpad with zkSync Through KaratDAO Partnership

    30/12/2025

    MetYa Joins Astroon to Develop Web3-Based Character-Led Entertainment Universe

    30/12/2025
  • DeFi

    Aave Leads dApps in TVL in 2025 Despite Structural Shift

    30/12/2025

    Real-world assets top DEXs to become 5th-largest category in DeFi by TVL

    30/12/2025

    OKX Wallet and Arbitrum Collaborate to Introduce Boost Ecosystem Hub to Web3 Users

    30/12/2025

    RWA TVL Grows 210.72% in 2025 as U.S. Treasuries, Commodities, and Private Credits Gain Top Tractions

    29/12/2025

    JustLend DAO Modifies $USDD’s Supply Mining Reward APY to 8%

    28/12/2025
  • Metaverse

    Yuga Labs Acquires Otherside Creator Platform From Improbable

    27/12/2025

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025
  • Regulation

    Venezuelan Banking System to Harness Stablecoins, Milei Scores Landslide Victory

    30/12/2025

    Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy

    30/12/2025

    CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan

    30/12/2025

    Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments

    30/12/2025

    Trader With 100% Win Rate Loses $38 Million in Market Meltdown

    30/12/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Indonesia Sets Clear Lines for Crypto Trading With Licensed Platform List

    30/12/2025

    Edel Finance, Ondo, Coinbase, xStocks

    29/12/2025

    Exploring USDC Payment Gateways and Web3 Solutions for Seamless Transactions

    29/12/2025

    Bitcoin Exchange Binance Delists 5 Altcoin Trading Pairs, Including One TRY Pair! Here Are the Details

    29/12/2025

    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

    Delphi Digital remains hopeful for Web2.5 as GameFi stalls

    30/12/2025

    Crypto Gaming Collapses as Funding Dries Up

    24/12/2025

    GG’s 2025 Game of the Year: Pudgy Party

    22/12/2025

    The Biggest Shutdowns in 2025

    21/12/2025

    Finland turns crypto mining heat into reliable home heating

    30/12/2025

    Bitcoin miner Cango plans $10.5M capital raise from major shareholder

    30/12/2025

    Bitcoin mining difficulty reaches 148.2 trillion in final 2025 adjustment

    30/12/2025

    Russia’s largest lender Sberbank explores crypto-backed loan with Bitcoin miner

    29/12/2025

    New Regulations Set to Launch a New Era for Cryptocurrencies in Japan

    30/12/2025

    Vitalik Buterin Slams EU’s ‘No-Space’ Digital Rules

    30/12/2025

    WazirX founder confirms that the Indian crypto exchange’s dispute with Binance has escalated to formal litigation

    30/12/2025

    FBI targets North Korean crypto launderer in international probe

    30/12/2025

    Venezuelan Banking System to Harness Stablecoins, Milei Scores Landslide Victory

    30/12/2025

    Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy

    30/12/2025

    CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan

    30/12/2025

    Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments

    30/12/2025
  • 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

Price Breaks All-Time High Record Again – Here’s What We Know

04/08/2025

Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

04/08/2025

Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

04/08/2025

High-Stakes Consolidation Could Define Q3 Trend

04/08/2025
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

Venezuelan Banking System to Harness Stablecoins, Milei Scores Landslide Victory

30/12/2025

Tokenization takes prime role in Hong Kong’s Fintech 2030 strategy

30/12/2025

CZ denies he’s behind a proposal for a crypto private bank in Kyrgyzstan

30/12/2025
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.