Long-term Bitcoin wallet moves 4,582 BTC following multi-year holding period
A cryptocurrency wallet holding Bitcoin acquired prior to the 2020 market crash transferred its $378 million balance across multiple new addresses.
On October 12, 2026, a Bitcoin wallet identified as 18Vm…VpQ9x moved approximately 4,582 BTC across five separate destination addresses, according to analytics data from Arkham and Lookonchain. The assets were originally received in March 2020 at an average cost of $8,904 per token, representing an initial value of $40.8 million just prior to the pandemic-driven market downturn.
The holder maintained the position through several full market cycles, including bear markets, ETF approvals, and an all-time price peak of $126,080, where the stash reached a theoretical valuation of $577.7 million. At the time of the October transfer, the total moved balance was worth approximately $378 million.
Blockchain trackers confirmed that the transferred funds remained in the five recipient addresses through October 13, with no recorded deposits to centralized exchanges. On-chain transfers represent address reorganizations rather than confirmed sales or marketplace liquidations.
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