4,500 BTC idle since 2022 moves to a fresh wallet, sweeping up seven dust deposits
- A 4,500 BTC stash idle since April 2022 moved in full to a new address on September 25.
- The same transaction swept up seven dust deposits of 294 to 547 satoshis each.
- The sender paid 1,303 satoshis, about $1.10, to move coins worth about $378 million.
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.
Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
FAQs
How much did it cost to move $378 million in bitcoin?
The sender paid 1,303 satoshis, about $1.10, at 2.23 satoshis per virtual byte.
Does the transfer mean the whale is selling?
No sale shows on-chain yet. The new address has sent nothing and made no exchange deposit.
How much has the stash gained since it was first funded?
The stash was worth about $53.2 million in August 2019 and about $378 million now, about sevenfold.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Randa Moses
Randa Moses is an editor and reporter at Cryptopolitan covering tech, AI, robotics, crypto, scams, and hacks. She has worked in the crypto space since 2017. She held roles at Forward Protocol, AmaZix, and Cryptosomniac. Randa holds a degree in Electrical and Electronics Engineering from the University of Bradford.
