Bitcoin whale moves 4,500 BTC idle since 2022, sweeping seven dust deposits with it

For a fee of 1,303 satoshis, or about $1.10, a 4,500 BTC stash that hadn’t been touched since April 2022 was moved to a new address in full.

Seven dust deposits of 294 to 547 satoshis each had been building up on the old address since December 2024. They were all swept into the same transaction.

At a price of around $84,000, the coins are worth about $378 million.

Block 968,483 took eight inputs and paid 2.23 sat/vB

The transaction was confirmed at 02:30 UTC on September 25 by block 968,483 and was mined by ViaBTC.

Eight inputs came in. One had 4,499.99986261 BTC, and the other seven were the dust, landing between December 2024 and September 11, 2026.

One output was created, sending 4,499.99987779 BTC to the address starting with bc1qpls. The fee rate came out at 2.23 satoshis per virtual byte.

The new address received the full Bitcoin balance in that one transaction and has sent nothing since. There is no record of an exchange deposit.

The holder skipped a $561 million peak in October 2025

The coins first showed up on August 5, 2019, in block 588,718. There they stayed until April 21, 2022, block 732,797. Then they moved once to the address that was emptied this week.

In August 2019, BTC was trading near $11,829, putting the stash at about $53.2 million. The stash was worth about $561 million at the peak, near $124,658 on October 6, 2025. However, the holder didn’t sell.

A wallet from July 2012 moved 600 BTC on September 22, bringing the two-week total of reactivated decade-old coins to 1,971 BTC, reported Cryptopolitan.

As BTC has been flowing into accumulation wallets this month, Binance reserves have diminished from ~705,000 BTC to about 689,000 BTC, according to Cryptopolitan.

The smartest crypto minds already read our newsletter. Want in? Join them.