By Isaac • October 14, 2026 12:10 am •
A Bitcoin wallet that had not moved its main balance since March 2020 suddenly sent all 4,581.94 BTC to five new addresses, shifting roughly $377 million without sending the coins to any identified exchange.
The move is large enough to attract attention, but the transaction itself does not prove a sale. Four receiving addresses took exactly 1,000 BTC each, while the fifth received 581.94 BTC.
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The public transaction record shows the transfer confirmed in block 971,126 on October 12. The fee was only 732 satoshis, worth about 60 cents at the time.
Decrypt traced the wallet’s history to March 3, 2020, when the 4,581.94 BTC position was worth roughly $40.5 million. Bitcoin was trading near $8,830
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