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Dormant Bitcoin whale moves $40B in BTC after 10 years, sparking market speculation.

Market News
11 May 2026
Tokenpost
View Source
Neutral
pluang ai news

A Bitcoin wallet inactive since 2013 suddenly transferred nearly $40 billion worth of BTC to a new address, stirring speculation in the crypto market. The move, detected by Whale Alert, involved shifting coins from a legacy wallet to a SegWit-compatible one, though the reason remains unclear. Such large transfers may indicate security updates or potential selling, but the destination wallet is not linked to any major exchange. This activity reflects a broader trend of early Bitcoin holders moving dormant coins amid recent price volatility, with Bitcoin currently trading around $80,700.

More News

CEA Industries and YZi Labs agree on new board members and leadership to boost BNC governance and value.

CEA Industries and YZi Labs agree on new board members and leadership to boost BNC governance and value.

CEA Industries and YZi Labs have reached a cooperation agreement to strengthen governance at CEA Industries, which manages the world's largest corporate treasury of BNB. The agreement includes appointing three new board members with digital asset exp...

Company Fundamentals
Bullish
35 minutes ago
Polymesh plans v8 Testnet launch on June 24 and Mainnet upgrade on July 22 with major new features.

Polymesh plans v8 Testnet launch on June 24 and Mainnet upgrade on July 22 with major new features.

Polymesh announced that its v8 upgrade will go live on Testnet starting June 24 and on Mainnet by July 22. This upgrade introduces significant features including self-registered decentralized identifiers (DIDs), easier asset transfers, expanded accou...

Protocol Fundamentals
Bullish
4 hours ago
Zealthy expands insurance support for GLP-1 weight-loss drugs to ease patient access and coverage.

Zealthy expands insurance support for GLP-1 weight-loss drugs to ease patient access and coverage.

Zealthy has broadened its insurance coordination program to assist patients prescribed GLP-1 weight-loss medications like Wegovy and Ozempic. The expanded service helps with insurance verification, prior authorizations, and coverage communications, a...

Others
Neutral
4 hours ago
Risk assets rise on Fed rate cut hopes; QuantRate launches free AI trading bot for retail investors.

Risk assets rise on Fed rate cut hopes; QuantRate launches free AI trading bot for retail investors.

Markets are rallying as investors anticipate potential Federal Reserve rate cuts later in 2026, boosting equities, cryptocurrencies, and other risk assets. QuantRate has introduced a free AI-powered quant trading bot to help retail investors access a...

Market News
Bullish
4 hours ago
Activist shareholder demands board accountability and strategic review at Equus Total Return amid losses and governance concerns.

Activist shareholder demands board accountability and strategic review at Equus Total Return amid losses and governance concerns.

Howard Todd Horberg, an activist shareholder owning 5.61% of Equus Total Return, Inc., filed a Schedule 13D with the SEC calling for immediate board accountability and a strategic review ahead of the June 30 annual meeting. He highlights the company'...

Market News
Bearish
4 hours ago
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