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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.

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