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Dormant Bitcoin Whale Moves 4,500 BTC Worth $381 Million After Four Years

A dormant Bitcoin whale transferred 4,500 BTC valued between $378 million and $382 million to a new private address, ending more than four years of inactivity. The transaction, confirmed on September 25, consolidated inputs into a single destination output while incurring a network fee of approximately $1.10. The coins had previously been held untouched since April 2022, when they were valued at roughly $182 million to $187.38 million. Because the assets moved to an unidentified wallet rather than a centralized exchange, spot markets remained steady near $84,070 without immediate selling pressure.

Category

Bitcoin

Sentiment

Neutral

Event

Crypto native

Reading time

1 min