- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Dormant 3,422 Bitcoin Moved After 11 Years, Worth $324 Million – Coincu
By: bitcoin ethereum news|2025/05/06 18:15:01
0
Share
Historical Bitcoin moved to a new wallet, monitored by analyst Yu Jin. Dormant Bitcoins from BTC-e are now valued at $324 million. Market closely watches whale activity for potential price effects. 3,422 Bitcoins, initially acquired in 2012 for $46,000, were recently moved to a new address, as analyzed by Yu Jin. The significant spike in value to $324 million highlights the enduring influence of Bitcoin’s market performance. The sudden activation of these dormant funds raises questions about potential upcoming transactions. This movement can impact market sentiment, with investors attentive to large holdings being potentially sold back into circulation. Rare Bitcoin Movement from BTC-e: Implications for Market This Bitcoin movement originates from the closed BTC-e exchange, first withdrawn when Bitcoin was priced at just $13.5. With the latest transfer occurring within the past three hours, it’s a rare instance of “old coins” becoming active after over a decade. The traceable transfer to a new address suggests a possible strategic repositioning by the original holder. It emphasizes the potential market influence due to their large Bitcoin holdings remaining dormant for years. “The recent movement of 3,422 bitcoins dormant since 2012 highlights significant ‘whale’ transactions and showcases the historical longevity of cryptocurrency,” said Yu Jin, On-Chain Analyst at ChainCatcher. While official responses remain absent, financial analysts maintain a watchful eye, detecting even minor shifts in market sentiment when such significant sums are involved. The broader cryptocurrency community typically views these movements as key signals. Market Analysts on High Alert for Whale Behavior Did you know? Bitcoin price was a mere $13.5 in 2012 when the dormant coins were last active; today’s movement emphasizes a massive 7,018-fold increase in value. According to CoinMarketCap, Bitcoin now trades at $94,145.87, boasting a market cap of $1.87 trillion and a 4.46% 24-hour trading volume change. Despite its current dominance of 63.97%, recent price changes reflect a 0.49% decrease over 24 hours, contrasting with a 13.34% increase over 30 days. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 09:49 UTC on May 6, 2025. Source: CoinMarketCap The Coincu research team suggests that continued monitoring of such whale movements is critical. “This event underlines the necessity of understanding whale behavior,” analysts note. Insights into potential sales or long-term holding plans are vital to market stability. Source: https://coincu.com/335960-dormant-bitcoin-324-million-movement/
You may also like
How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo
In times of chaos, only through diversified allocation and keen observation can one preserve wealth and life in the face of great changes.
I have given up using OpenClaw
Instead of struggling with expensive and unstable AI assistants, it's better to use Claude to create a more stable, cost-effective, and understanding personal system.
WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment
The UAE's investment in World Liberty Financial has intensified concerns about whether it receives special treatment and whether it involves national security issues.
Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week
Overview of Important Market Events on March 1
The harvesting tactics of the quantitative giant Jane Street
Quantitative giant Jane Street has been accused of manipulating the liquidity and derivatives of markets such as the Indian stock market and Bitcoin, earning billions of dollars in the process.
Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million
Top universities like Harvard have started to allocate to Bitcoin ETFs in their endowment funds.
WLFI at it Again? Banking License Controversy Amid $500M Investment
The UAE's investment in World Liberty Financial has heightened concerns over whether it received special treatment and whether national security issues are involved
The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?
Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo
In times of chaos, only through diversified allocation and keen observation can one preserve wealth and life in the face of great changes.
I have given up using OpenClaw
Instead of struggling with expensive and unstable AI assistants, it's better to use Claude to create a more stable, cost-effective, and understanding personal system.
WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment
The UAE's investment in World Liberty Financial has intensified concerns about whether it receives special treatment and whether it involves national security issues.
Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week
Overview of Important Market Events on March 1
The harvesting tactics of the quantitative giant Jane Street
Quantitative giant Jane Street has been accused of manipulating the liquidity and derivatives of markets such as the Indian stock market and Bitcoin, earning billions of dollars in the process.
Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million
Top universities like Harvard have started to allocate to Bitcoin ETFs in their endowment funds.
App