OnchainLens: Dormant BTC Wallets Move $33.82M
OnchainLens reports two Bitcoin wallets dormant for 12-13 years transferred 416.6941 BTC worth $33.82 million to one address, realizing $33.71 million in gains from an original cost basis near $105K.
SourceAnalysis
OnchainLens flagged two long-dormant wallets from the 2011-2013 era moving 416.6941 BTC ($33.82M) into a single address, with 167.8402 BTC inactive for 13 years and 248.8539 BTC idle for 12 years; the coins originally cost roughly $105.38K and now sit on $33.71M in unrealized profit. Addresses 1ECHiGyhvCifeuhdNQJZGD3QeiizGAJCcb and 12txLhfB9TpZ4LrjF21B9Jj3eJ7J7coUm3 executed the transfers on October 17, 2026.
Bitcoin prints $81558.26 on the 4h chart, pressing against the lower half of the Bollinger band while the EMA50 at $82520.92 and EMA200 at $82136.34 cap upside; the MACD death cross at -336.51 keeps the structure bearish and RSI at 43.98 leaves room for further downside before any relief toward the $80837.06 band floor.
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