Dormant whale moves $380M Bitcoin, leaving the sale question unanswered

A Bitcoin address sent 4,499.99987779 BTC to a single destination in a transaction confirmed at 02:30:04 UTC on Sept. 25, 2026.

The output was still unspent at a 13:33 UTC check, leaving nearly 4,500 BTC visible at one address after the move.

At Coinbase's BTC/USD low and high of $84,152.88 and $84,882.18 during the 02:00-03:00 UTC hour that included confirmation, the Bitcoin output had an estimated value of about $379 million to $382 million. That price window helps size the transfer.

The transaction spent eight outputs from the source address and created one output at the destination. Its largest input was 4,499.99986261 BTC, received on April 21, 2022. That principal output had not moved for more than four years before the Sept. 25 transaction.

The address wasn't completely inactive during that period. Its transaction history shows seven later deposits, each worth only a few hundred satoshis, between Dec. 30, 2024 and Sept. 11, 2026.

Together they totaled 2,821 satoshis (0.00002821 BTC). The nearly 4,500 BTC principal was long held, while small later Bitcoin payments still reached the address.

At the 13:33 UTC snapshot, the receiving address had one confirmed incoming Bitcoin output totaling 4,499.99987779 BTC, no spent output, and no mempool transaction. The source address's eight inputs were combined into that single output, with 1,303 satoshis paid as a network fee.