Bitcoin wallet deposits 500 BTC worth $36.4M into Binance

Bitcoin’s bull catalyst could be AI stocks turning ‘silly big’: Lyn Alden

A Bitcoin wallet known as 1QLASn deposited 500 BTC, valued at approximately $36.39 million, into Binance two hours ago after being inactive for eight months. This activity aligns with a recent trend in early 2026, where dormant Bitcoin wallets have started to reactivate, moving funds to exchanges after prolonged periods of inactivity. Such transfers often raise discussions about potential profit-taking by early Bitcoin holders as large-scale movements are tracked by blockchain intelligence platforms like Arkham.

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