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Bitcoin Whale that Sat Through the March 2020 Crash Moves $378 Million

Summary by Coin Desk
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.

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A non-active Bitcoin wallet for more than six years transferred BTC 4,582, valued at USD $377.6 million, to five addresses. Funds remained at receiving destinations while the price of BTC was declining.

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Bitcoin whale moves $378 million in BTC after six years of dormancy: onchain data

The wallet originally received 4,582 BTC in March 2020, when the holdings were worth roughly $40.8 million.

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MyCryptoParadise broke the news on Tuesday, October 13, 2026.
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