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

Intesa Sanpaolo slashes IBIT call exposure by 99%, triples Ethereum ETF holdings in Q2

16/08/2026

Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

16/08/2026

South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

16/08/2026
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

    Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

    16/08/2026

    $870M BTC ETF inflows and Saylor’s buy signal – Bitcoin’s $65K squeeze setup is real

    15/08/2026

    Bitcoin’s Recovery Continues, But This Critical Signal Is Missing

    15/08/2026

    Bitcoin buyers return as BTC approaches critical resistance zone: Is $72K next?

    15/08/2026

    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

    Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

    16/08/2026

    $1,000 invested in U.S. first ever spot XRP ETF at launch is now worth

    16/08/2026

    Solana Announces $100k Giveaway — What This Could Unlock

    15/08/2026

    Cardano’s Hard Fork Goes Live Alongside Golden Cross, Is ADA at Turning Point?

    15/08/2026

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

    15/08/2026

    Robinhood Chain NFT Volume Surges Past Ethereum, But Analysts Warn of FOMO

    14/08/2026

    Jeffrey Huang Sells BAYC NFT at Loss to Sustain ETH Long Position

    14/08/2026

    Spritehood NFTs raise $1.28M on Robinhood Chain

    12/08/2026

    Intesa Sanpaolo slashes IBIT call exposure by 99%, triples Ethereum ETF holdings in Q2

    16/08/2026

    Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

    16/08/2026

    South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

    16/08/2026

    Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts

    16/08/2026
  • Blockchain

    MUFG to test real-time blockchain settlement for Japanese government bond trades

    16/08/2026

    Koscom and NH Investment & Securities Partner to Advance Tokenized Securities Platform

    15/08/2026

    Before Buying Tokenized Stocks on XRP Ledger, Validator Says Check These Things

    15/08/2026

    Tether’s Hadron Platform Expands to SUI for Tokenized Real-World Assets

    15/08/2026

    Conflux sets v3.1.0 hard fork for Aug. 25 with seven CIPs

    15/08/2026
  • DeFi

    Neutrl pauses NUSD redemptions over undisclosed reserve issue

    14/08/2026

    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
  • 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

    Intesa Sanpaolo slashes IBIT call exposure by 99%, triples Ethereum ETF holdings in Q2

    16/08/2026

    Robinhood’s Second Venture Fund Targets Y Combinator Startups in $200 Million IPO

    16/08/2026

    Trump slams Exxon, Chevron over $26.5B oil profits

    15/08/2026

    Strategy’s STRC retakes $90 after 24% rebound from June closing low

    15/08/2026

    Tokenized Stock Holders Near 1 Million After 92% Growth in 30 Days

    15/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts

    16/08/2026

    South Korean stablecoin outflows top $367M in June: Report

    16/08/2026

    Binance to delist 6 tokens on Aug. 17

    15/08/2026

    Prediction markets hit record $50.6B July volume

    15/08/2026

    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

    Bitdeer Sells All 253.4 BTC Mined This Week, Continuing Zero-Treasury Policy

    15/08/2026

    Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

    15/08/2026

    Bitcoin Hashrate Slips 17% Off Record as Miners Chase AI

    15/08/2026

    Soluna has 6.3 GW of data center projects on paper, only 192 MW are operating

    14/08/2026

    South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

    16/08/2026

    CLARITY Act Faces New Senate Threat Over Trump Crypto Gains

    16/08/2026

    ‘Put This Bill on the Floor’

    15/08/2026

    CLARITY Act faces Wednesday deadline for Friday vote

    15/08/2026

    Intesa Sanpaolo slashes IBIT call exposure by 99%, triples Ethereum ETF holdings in Q2

    16/08/2026

    Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

    16/08/2026

    South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

    16/08/2026

    Robinhood’s Q2 Revenue Hits Record $1.31B as Prediction Markets Fuel 10x Surge in Event Contracts

    16/08/2026
  • 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

Bitcoin price slip wipes weekend gains as oil surge hits 5% on Hormuz disappointment

16/08/2026

$870M BTC ETF inflows and Saylor’s buy signal – Bitcoin’s $65K squeeze setup is real

15/08/2026

Bitcoin’s Recovery Continues, But This Critical Signal Is Missing

15/08/2026

Bitcoin buyers return as BTC approaches critical resistance zone: Is $72K next?

15/08/2026
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

Intesa Sanpaolo slashes IBIT call exposure by 99%, triples Ethereum ETF holdings in Q2

16/08/2026

Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

16/08/2026

South Korea Delays Crypto Tax to 2027 as Russia Bans Moscow Mining; Binance Secures Philippine License

16/08/2026
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.