Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Long-dormant Bitcoin wallets move millions amid BTC price drop below $75K.

Market News
27 May 2026
Bitcoin
View Source
Neutral
pluang ai news

Several Bitcoin wallets from 2014 and 2017 have recently moved a combined total of over 150 BTC, worth millions of dollars, during a period when Bitcoin's price dropped to around $74,530. Notably, a 2014 wallet moved 103.96 BTC, with more than half sent to Coinbase, suggesting possible selling activity. These movements highlight that long-inactive Bitcoin holdings are becoming active again, either for profit-taking or wallet management, despite Bitcoin still trading 40% below its all-time high. This trend indicates that a significant portion of Bitcoin's oldest wealth remains ready to move, potentially impacting market dynamics.

More News

Cohen & Steers Infrastructure Fund announces May 2026 distribution details and year-to-date returns.

Cohen & Steers Infrastructure Fund announces May 2026 distribution details and year-to-date returns.

Cohen & Steers Infrastructure Fund, Inc. (NYSE: UTF) disclosed the sources and amounts of its distribution to be paid on May 29, 2026, including net investment income, capital gains, and return of capital. The fund follows a managed distribution poli...

Company Fundamentals
Neutral
1 hour ago
Nature's Miracle reports $2.8M Q1 net income and plans U.S. expansion in drone and AI manufacturing.

Nature's Miracle reports $2.8M Q1 net income and plans U.S. expansion in drone and AI manufacturing.

Nature's Miracle Holding Inc. reported a net income of $2.85 million for Q1 2026, a significant turnaround from a $2.02 million loss in Q1 2025, driven by a $5 million gain on debt settlement. The company announced a strategic move to acquire a 55% s...

Company Fundamentals
Bullish
1 hour ago
Westport Fuel Systems schedules 2026 virtual Annual General Meeting for June 30.

Westport Fuel Systems schedules 2026 virtual Annual General Meeting for June 30.

Westport Fuel Systems Inc. announced its 2026 Annual General and Special Meeting will be held virtually on June 30, 2026. Shareholders are encouraged to vote in advance using provided proxy forms to streamline the process. The company specializes in ...

Company Fundamentals
Neutral
1 hour ago
HP beats Q2 earnings and revenue estimates, shares rise slightly in after-hours trading.

HP beats Q2 earnings and revenue estimates, shares rise slightly in after-hours trading.

HP Inc. reported second-quarter earnings of 86 cents per share, surpassing the consensus estimate of 71 cents by over 21%. Revenue also exceeded expectations, reaching $14.41 billion compared to the estimated $14.04 billion. The company saw strong gr...

Company Fundamentals
Bullish
2 hours ago
Richmond Mutual and Farmers Bancorp merger approved by shareholders, set to complete Q2 2026.

Richmond Mutual and Farmers Bancorp merger approved by shareholders, set to complete Q2 2026.

Shareholders of Richmond Mutual Bancorporation and Farmers Bancorp have approved their merger, which will combine the two banks under the new name First Bank Midwest. Farmers Bancorp shareholders will receive 3.40 shares of Richmond Mutual stock for ...

Company Fundamentals
Bullish
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App