Dormant Bitcoin holders resume selling thousands of BTC as an Ethereum whale accumulates $111M, 50,706 ETH
On Mar. 19, 2026, on‑chain data showed long‑dormant Bitcoin wallets resumed selling while a separate Ethereum whale accumulated a large ETH position.
A long‑dormant Bitcoin wallet identified as “bc1q…6ym” offloaded 1,000 BTC on Wednesday, part of a broader pattern of sales that analytics provider EmberCN says totals about 3,500 BTC moved since November 2024; reporting described the activity as intensifying selling pressure in the market [1] [2].
Additional reporting named a 2013‑era holder who originally accumulated roughly 5,000 BTC (average cost cited near $332) and sold another 1,000 BTC—valued at about $71.6 million—as well as other early investors, including Owen Gunden, moving hundreds of BTC into the market, consistent with tracking that long‑dormant supply is being redistributed [3] [2].
Separately, on the same day a dormant Ethereum whale re‑entered the market, purchasing 50,706 ETH across two wallets for roughly 111.62 million USDT at an average price near $2,201, according to on‑chain reporting cited by analytics outlets [4] [5].
On‑chain analytics from multiple firms show renewed distribution of long‑held Bitcoin alongside a sizable Ethereum accumulation on Mar. 19, 2026, signaling increased activity among large holders but without immediate claims about longer‑term market impact [1] [3] [4].
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Citations
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- 1OG Bitcoin whale offloads 1,000 BTC as selling pressure intensifiescrypto.news• Mar 19, 2026
- 2Ancient Bitcoin Whale Dumps $71M BTC as Billion-Dollar Selloff Expands36Crypto• Mar 19, 2026
- 4Ethereum Whale Returns With $111M Bet as Price Sits Near Cycle Lows36Crypto• Mar 19, 2026
- 5The Whale Who Sold All His Ethereum a Year Ago Has Started Buying ETH Again! Here Are the DetailsBitcoin Sistemi• Mar 19, 2026
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