Decade-Old Bitcoin Wallets Move $40 Million While Dormancy Hits Lows
Long-dormant Bitcoin wallets moved $40 million this month, though broader on-chain data shows dormant supply transfers are slowing.
Six Bitcoin addresses that remained untouched for a decade transferred approximately $40 million worth of BTC this month. Blockchain tracking shows the vast majority of these funds were transferred between private wallets rather than sent to centralized exchanges.
Despite the notable individual transaction, research from Galaxy shows that overall movement from dormant supply is at its lowest level since 2022. The volume of older coins shifting addresses in 2026 is trending significantly below prior-year totals.
Because these assets avoided exchange deposit addresses, the transfers created minimal immediate selling pressure on spot markets, reflecting ongoing long-term holding patterns.
Key takeaways
- Six 10-year-old Bitcoin wallets transferred $40 million, mostly avoiding exchanges.
- Aggregate movement of dormant Bitcoin has hit multi-year lows.
- Direct private transfers minimized immediate spot market selling pressure.