Massive Bitcoin Whale Movement: $377M BTC Transfer and Shift to Ether
A dormant Bitcoin whale transferred $377.6M in BTC, while another sold BTC for 27,500 ETH amid market fluctuations.
A dormant Bitcoin whale transferred $377.6M in BTC, while another sold BTC for 27,500 ETH amid market fluctuations. Bitcoin (BTC) is trading at $83,140.00. This is an original Token Times brief synthesising 3 outlets (Bitcoin.com, Crypto.news, Crypto Economy), plus live market data, as of Tue, 13 Oct 2026 13:15:01 UTC.
The movement of such large Bitcoin holdings could signal changing strategies among long-term holders and may influence market sentiment and liquidity.
- A Bitcoin whale moved 4,582 BTC ($377.6M) after years of inactivity.
- Another whale sold 837.8 BTC at a loss to buy 27,500 ETH ($50M).
- The transactions occurred as Bitcoin's price remained relatively stable.
- CryptoQuant warns of potential selling pressure from U.S. market participants.
Both Bitcoin.com and Crypto.news report that a Bitcoin whale transferred 4,582 BTC ($377.6M), with Bitcoin.com specifying it was moved after six years of inactivity. They also agree on the second whale's transaction, where 837.8 BTC was sold to purchase 27,500 ETH. However, Crypto.news emphasizes CryptoQuant's forecast of potential selling pressure from U.S. market participants, a detail not mentioned by Bitcoin.com.
On Monday, a significant movement of 
Bitcoin was reported by onchain trackers, involving two major transactions. The first involved a wallet that had been dormant for years, transferring its entire balance of 4,582 BTC, worth approximately $377.6 million, according to data from Lookonchain and corroborated by Crypto.news.
The second transaction saw another whale sell 837.8 BTC, incurring a loss, to acquire 27,500 ETH, which is valued at around $50 million. This shift from Bitcoin to 
Ethereum indicates a possible change in investment strategy for this particular whale.
These transactions occurred against a backdrop of relatively stable Bitcoin prices, with the cryptocurrency experiencing only a minor 0.09% dip over the 24-hour period. The broader crypto market remained flat, with a total market cap of $2.86 trillion.
The transactions come at a time when the Fear & Greed index stands at 57, indicating a state of 'Greed' among investors. This suggests that while some whales are moving their assets, the overall market sentiment remains cautiously optimistic.
CryptoQuant's warning of potential selling pressure from U.S. market participants adds another layer of complexity to the situation. This could imply that more significant market movements may be on the horizon, influenced by the actions of large holders.
Since this brief published about 2 hours ago, Bitcoin (BTC) has moved from $83,206.00 to $83,140.00 — -0.08%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.65M (about $83,140.00), up 0.7% over 24 hours. The rupee itself trades about 8.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Massive Bitcoin Whale Movement: $377M BTC Transfer and Shift — questions & answers
Why did the whale transfer such a large amount of Bitcoin?
The exact reason is unclear, but it could indicate a change in strategy or a redistribution of assets.
What is the significance of the shift from Bitcoin to Ethereum?
It suggests the whale may be diversifying their crypto holdings or betting on Ethereum's future performance.
How might these transactions affect the market?
Large transactions can influence market sentiment and potentially lead to increased volatility.
How much is 1 Bitcoin worth in rupee today?
About ₹8.65M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $83,140.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.08% since this brief first published — trading at $83,140.00 now versus $83,206.00 at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Bitcoin.com, Crypto.news, Crypto Economy, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.