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A Bitcoin transfer reported on September 25, 2026, moved 4,499.99987779 BTC, estimated at $379–382 million. The sending address had been inactive for more than four years—not six—and the on-chain movement does not establish that the bitcoin was sold. The headline’s “six years” and “$378 million” appear to conflate this event with a separate Ethereum report.
What happened in the September Bitcoin transfer?
CryptoSlate reported that 4,499.99987779 BTC moved on September 25, 2026. It estimated the transfer’s value at $379–382 million and described the source address as inactive for more than four years. The report said the destination output remained unspent at the time of its check. CryptoSlate’s report is the source for those transaction details.
“Dormant” here describes a period without an observed on-chain spend from the address; it does not identify who controlled it or explain why it moved. Nor does a transfer by itself show that the bitcoin was sold, that beneficial ownership changed, or that a sale is planned.
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Why do some reports mention six years and $378 million?
Those details match a different report about Ethereum, not this Bitcoin transaction. Benzinga reported on February 3, 2025, that two wallets deposited 135,548 ETH to Bitfinex, worth about $399 million. Its $378.3 million figure referred to potential profit if the holdings had been sold; it was not the value of a Bitcoin transfer. Benzinga’s report covers that Ethereum event.
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Other large Bitcoin transfers are separate events
A July 16, 2026, report from The Block described another Bitcoin wallet movement: 5,908 BTC, valued at $382.7 million, after eight years and six months of inactivity. That was a distinct transfer, not the September transaction. The Block’s report covers the July event.
| Report | Asset and date | Inactivity described | Amount and meaning |
|---|---|---|---|
| CryptoSlate, September 25, 2026 | 4,499.99987779 BTC transferred | More than four years | Estimated $379–382 million transfer value; destination output reported unspent at the time of the check |
| Benzinga, February 3, 2025 | 135,548 ETH deposited from two wallets | Six years | About $399 million in transferred ETH; $378.3 million was potential profit conditional on a sale |
| The Block, July 16, 2026 | 5,908 BTC transferred to a new address | Eight years and six months | $382.7 million reported value; a separate Bitcoin transfer |
Does the transfer mean the whale sold?
No sale is established by the reported transaction. Bitcoin can move between addresses without being sold, and the September report said the destination output was still unspent when checked. The available reports do not establish the controller’s identity, motive, or whether ownership changed.
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