Wallet moves 999.953 bitcoin after six years idle
Lookonchain traced the transfer, valuing the coins at about $78 million. The bitcoins were first received when price was near $10,700.
Key takeaways
- 1999.953 BTC transferred, worth roughly $78 million at current prices
- 2Wallet was idle for over six years, last receiving coins when bitcoin traded near $10,727
On 2 Nov 2026, a previously dormant wallet transferred its entire balance of 999.953 BTC, valued at about $78.12 million at the prevailing price of $78,158 per bitcoin.
Lookonchain, the on‑chain analytics service, traced the wallet’s history and said it first received the bitcoins more than six years ago, when the price was roughly $10,727 per coin. No intermediate activity was recorded.
Bitcoin, the original cryptocurrency, continues to dominate with a market cap of $1.571 trillion and a price of $78,158, as reported by YourKhabri on 2 Nov 2026. It is widely regarded as a store of value and a benchmark for the broader digital asset market, having maintained its top‑rank for years.
Such a large, dormant‑wallet exit can affect perceived supply and may prompt short‑term price volatility, even though the market is deep. Observers will monitor whether the coins are moved to an exchange, split across addresses, or held in cold storage, as these actions give clues to the holder’s intent. The next few hours of on‑chain activity will be scrutinised by analysts.
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Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.