Bitcoin was trading at $84,002 15 minutes earlier and remained up 0.25% from one hour before the move.
The move marks a second test of the $84,000 level in October after Bitcoin revisited it on Oct. 1.
The index fell to -0.1398% on Oct. 13, showing continued weakness in U.S. market buying pressure.
Bitcoin remained above its seven-day, 50-day and 200-day SMAs but below its 20-day average as derivatives activity increased.
Bitcoin fell below 82000 dollars on October 12th, triggering a cascade of liquidations across the crypto market. Contrary to what the headline figure might suggest, the 406 million dollars do not only concern BTC, but all long positions recorded over 24 hours.
The 4,582 BTC transfer was split across five addresses, but no sale or exchange deposit has been confirmed.
A Bitcoin whale transfers 4,582 BTC worth $378 million after six years, while CryptoQuant flags selling pressure from U.S. market participants.
The early Bitcoin holder still controls $261.68 million in stablecoins, including $200 million in USDC and $61.68 million in USDT.
The order represented about 109.7 BTC at $83,610, roughly 0.05% above the then-current midprice of $83,571.
A wallet idle for years moved all 4,582 BTC on October 13, worth $377.58 million. No on-chain evidence yet of a sale or an exchange deposit.
The wallet transferred about 4,582 BTC to five addresses on Oct. 12 after holding the coins through the COVID-19 market panic.
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.