A wallet holding 4,581.94 BTC since March 2020 sent its entire balance, worth about $377 million, to five new addresses on Oct. 12 in one transaction paying a fee of 732 sats, about 60 cents. Four addresses received 1,000 BTC each and the fifth received 581.94 BTC. As of block 971,279 on Oct. 13, none had spent, and who controls the wallet remains unclear. The coins, worth about $40.5 million when they arrived in March 2020, have sat through several market downturns, with the wallet's value falling to about $71 million after the 2022 collapses. The address also received 22 dust deposits, including 600 sats on Jan. 28, 2025 from a look-alike address sharing its first three and last four characters, a pattern consistent with address poisoning.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.7T |
| Close on 10/12/2026 | 81,850.00 |
| Change that session | -2.30% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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