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CoinDesk 3d ago

Decade-Old Bitcoin Wallets Move $40M as Inactive Supply Remains Constrained

Six Bitcoin wallets dormant for ten years transferred $40 million this month, though overall dormant coin movement remains low.

Decade-Old Bitcoin Wallets Move $40M as Inactive Supply Remains Constrained

Six Bitcoin wallets that remained completely dormant for a decade transferred approximately $40 million worth of BTC this month. Blockchain tracking data indicates that the vast majority of the moved coins were transferred to private wallets rather than deposited directly onto centralized exchanges.

Despite these notable transactions, broader on-chain data shows that dormant coin movement is at its lowest level since 2022. Total inactive supply activity in 2026 is currently tracking at less than half the volume recorded during the prior year.

The restraint shown by long-term holders suggests strong underlying conviction among early Bitcoin adopters. By keeping coins off centralized trading venues, long-term investors are limiting spot market supply, helping mitigate immediate downside sell pressure across digital asset exchanges.

Key takeaways

  • Six ten-year-old Bitcoin wallets transferred $40 million in BTC this month.
  • The majority of the moved funds avoided centralized exchange deposit addresses.
  • Overall dormant coin activity in 2026 is tracking at less than half of last year's level.
Source: CoinDesk