Six dormant Bitcoin wallets move 553.59 BTC worth about $40 million

  • Six dormant Bitcoin wallets moved funds after inactivity dating to 2011–14.
  • 553.59 BTC, worth about $40 million, moved between Aug. 16 and 26.
  • Five wallets sent Bitcoin to addresses unrelated to exchanges, Galaxy Research said.

Six Bitcoin wallets that had been inactive since 2011 to 2014 moved a combined 553.59 BTC, worth about $40 million, between Aug. 16 and 26, Galaxy Research said. Five transfers went to addresses unaffiliated with exchanges, meaning the movements do not necessarily indicate sales. Dormant-Bitcoin transfers in 2026 are running at a pace below half of the previous year’s level.

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