Decade-Old Bitcoin Wallets Move $40M While Dormant Coin Activity Slows
Six Bitcoin addresses inactive for ten years moved $40 million, though overall dormant supply movement remains near multi-year lows.
Six Bitcoin addresses that remained untouched for over a decade transferred approximately $40 million worth of BTC this month. Blockchain tracking data indicates that the majority of the moved assets were routed to private addresses rather than centralized exchange deposit wallets.
Despite these notable transactions, broader on-chain research from Galaxy shows that dormant coin circulation is currently at its lowest level since 2022. Activity among long-dormant wallets in 2026 is pacing at less than half of the total volume observed in the previous year.
The avoidance of exchange platforms suggests that the transactions reflect custodial restructuring rather than immediate selling pressure on open markets.
Key takeaways
- Six ten-year-old Bitcoin wallets transferred $40 million in BTC to private addresses.
- Galaxy data indicates overall dormant coin activity is at multi-year lows.
- Minimal exchange deposits suggest low immediate selling intent from early holders.