Dormant bitcoin wallet moves 4,582 BTC worth $378 million after six years
A dormant bitcoin wallet moved 4,582 BTC worth about $377.6 million on Monday after more than six years of inactivity, according to on-chain tracking data cited by Lookonchain.
A long-dormant bitcoin whale moved 4,582 BTC, valued at roughly $377.6 million, on Monday following more than six years of inactivity, according to Lookonchain. The wallet originally received the 4,582 BTC in March 2020, days ahead of the pandemic market crash, when the tokens were worth approximately $40.8 million.[1][2][3][4]
Arkham transaction explorer data shared by The Block indicates the transfer was confirmed at 18:37:44 UTC on Oct. 12, 2026, in block 971,126. The transaction moved 4,581.93823268 BTC—valued at $377.58 million—from address 18VmxvkF4cgL135RtMiHHDpvMjUCyVpQ9x, incurring a network fee of 0.00000732 BTC, or about $0.60.[2]
The transaction split the funds across five separate destination addresses, creating four outputs of 1,000 BTC each and a fifth output of approximately 581.94 BTC. According to BSCN, the transferred coins remain unspent in the recipient addresses.[1][2]
Key facts
- A dormant bitcoin whale transferred 4,582 BTC worth about $377.6 million on Monday after more than six years of inactivity.
- The wallet received the 4,582 BTC in March 2020, when the stash was worth roughly $40.8 million.
- Arkham data shows the transfer was confirmed at 18:37:44 UTC on Oct. 12, 2026, in block 971,126.
- The transaction sent 4,581.93823268 BTC with a network fee of 0.00000732 BTC ($0.60).
- The funds were divided across five addresses—four receiving 1,000 BTC each and one receiving 581.94 BTC—and remain unspent in the recipient wallets.
Sources · 4 sources
- BS
BSCN@BSCNewsPost on X ·
Another Bitcoin Whale Moves Hundreds of Millions A dormant Bitcoin wallet transferred 4,582 bitcoin:native worth $377.6 million after more than six years of inactivity. Lookonchain cited Arkham data for the transaction on Monday. The wallet received the Bitcoin in March 2020, when it was worth $40.8 million. The funds remain in the recipient addresses.
Open source - TB
The Block@TheBlockCoPost on X ·
NEW: A bitcoin OG moved 4,582 BTC (worth $377.6 million) on Monday after a six-year dormancy, according to Lookonchain. bitcoin:native https://t.co/cqRpHJV79l
Open source - TB
The BlockArticle ·
Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million.
Open source - CO
CoindeskArticle ·
Bitcoin whale that sat through the March 2020 crash moves $378 million A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
Open source