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Dormant Bitcoin whale moves about $378 million in BTC

The Block reported, citing onchain data, that a Bitcoin whale moved $378 million in BTC after six years of dormancy, with the wallet originally receiving 4,582 BTC in March 2020 when the holdings were worth roughly $40.8 million. CoinDesk reported that a bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain. Decrypt reported that a wallet that received 4,581 BTC in March 2020, worth about $40 million then, moved its stash today when it was worth about $377 million.

Why “Unverified”

  • 3 independent sources (The Block, CoinDesk, Decrypt), but no primary confirmation

3 independent source groups across 3 posts · evidence score 93/100. How labels work

Market around the story

AssetPrice at first report6h before1h before1h after6h after1h move vs normal24h volume vs median
BTC $83,239 +0.88% +0.46% +0.17% +0.37% 0.5σ 1.0×

Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.

What the sources claim

  1. A Bitcoin whale moved $378 million in BTC after six years of dormancy, according to onchain data. BTC

    “Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data”
    The Block

  2. The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million. BTC

    “The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million.”
    The Block

  3. A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain. BTC

    “A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.”
    CoinDesk

  4. A wallet that received 4,581 BTC in March 2020, worth about $40 million then, moved its stash today when it was worth about $377 million. BTC

    “A wallet that received 4,581 BTC in March 2020, worth about $40 million then, moved its stash today when it was worth about $377 million.”
    Decrypt

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-15 10:41 UTC. Labels are computed from the sources, not by the model.