Six Bitcoin wallets that had remained untouched for about a decade transferred coins worth approximately $40 million during August, according to CoinDesk. The activity stands out against broader data showing that movements from long-dormant Bitcoin holdings remain subdued. Galaxy’s figures indicate dormant-coin activity is at its lowest level since 2022. The data also suggests that 2026 is on track to record less than half the dormant-coin activity seen last year. The transfers involve wallets with holdings that had not moved for roughly 10 years, but the available information does not identify the owners or explain the reason for the transactions. The movements offer a notable data point for Bitcoin market observers while occurring within a generally quieter pattern of activity among older, inactive coins.
