A Bitcoin whale transferred 4,582 BTC worth about $377.6 million to five addresses after holding the coins since March 2020. This move comes amid renewed selling pressure on Bitcoin, which is trading near $83,000. Another dormant wallet also moved 4,500 BTC recently, highlighting increased activity from long-held coins. Analysts note stronger selling pressure among U.S. investors, particularly on Coinbase, due to macroeconomic concerns like inflation and a strong dollar. The purpose of these large transfers remains unclear, with no confirmed sales reported yet.
The recent Bitcoin whale movement of $378 million provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 13, 2026 13:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell. Notable movers include EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days, ALGO (Algorand) down 7.47% at Rp2.169 with 24% sell and 76% buy order activity and a typical hold time of 130 days, and THETA (Theta Network) down 7.43% at Rp3.749 with 0% sell and 100% buy order activity and a typical hold time of 77 days.
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