This specific wallet initially acquired 4,582 BTC back in March of 2020, at which point the total stash was valued at approximately $40.8 million.
An inactive bitcoin whale has recently stirred, shifting $377.6 million in BTC following a slumber that lasted longer than six years.
Based on insights from Lookonchain, which referenced Arkham analytics, the veteran address “18Vm…VpQ9x” sent roughly 4,582 BTC across five separate destinations on Monday. These assets are currently sitting in the destination accounts. The wallet first obtained those 4,582 BTC in March 2020, when the value of the balance sat near $40.8 million.
During the previous week, a different bitcoin whale identified as “bc1q…nhj0” similarly shifted 4,500 BTC valued at $375.7 million to a new location following over four years of silence.
Bitcoin (BTC) decreased by 0.4% over the preceding 24 hours down to $83,245 as of 11:50 p.m. ET Monday after momentarily retreating to a local bottom close to $81,220 earlier that night, drawing from data provided by The Block’s BTC pricing metrics.
“In the end, this latest pullback does not negate the establishment of a market floor or the potential bullish cycle that digital asset participants could currently experience; it simply points to some market adjustment and perhaps the building of a fresh support floor,” noted Justin d’Anethan, research lead at Arctic Digital.
Simultaneously, QCP Capital noted last week that it anticipates bitcoin to fluctuate between $80,000 and $90,000 within its primary outlook for the final quarter of the year.
Originally published at https://www.theblock.co/news/markets/2026-10-13-bitcoin-whale-moves-378-million-418383.