Dormant Bitcoin Wallets Move $40 Million After a Decade

After ten years of inactivity, a small group of Bitcoin wallets moved a total of $40 million in the current month. The activity marks a rare outflow from long‑dormant addresses.

Scale of the recent movement

The combined transfer value of these decade‑old wallets reached $40 million, indicating a modest but notable shift of funds that have been untouched for ten years.

Broader dormant activity trends

Data from Galaxy shows that overall dormant Bitcoin activity is at its lowest point since 2022. The current pace suggests that 2026 activity could be under half of the total moved in the previous year.

Implications for the market

While the $40 million transfer is relatively small compared to daily Bitcoin volumes, the decline in dormant activity may reflect broader holder behavior, with fewer long‑term holders moving funds and a reduced reliance on exchanges.