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cryptoJul 13, 2026, 6:10 AM

Whale Moves 2,931 BTC Worth $188M After 7 Years of Inactivity

A dormant Bitcoin whale transferred 2,931 BTC (approximately $188 million) after seven years of inactivity. The last movement from this address occurred in October 2018 when Bitcoin was trading near $6,475, making the value of the coins increase nearly tenfold.

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An unknown whale moved 2,931 BTC, valued at roughly $188 million, from an address that had been dormant for seven years. The last transaction from this address took place in October 2018, when Bitcoin was trading at around $6,475 per coin.

The value of the moved coins has appreciated nearly tenfold since then, reflecting Bitcoin's significant price growth over the period. The reason for the transfer remains unclear, and the destination address has not been publicly identified.

Such moves by long-dormant addresses often draw attention in the crypto community, as they can signal potential selling pressure or simply a wallet consolidation.

Source: ForkLog