Dormant Bitcoin Transfers Slow for Second Month, Down 81% From August Peak
October saw a significant decline in movement from long-dormant Bitcoin wallets, continuing a downward trend from August.
October saw a significant decline in movement from long-dormant Bitcoin wallets, continuing a downward trend from August. Bitcoin (BTC) is trading at $76,795.00, up 1.0% since this brief published. This is an original TLT brief based on reporting by Bitcoin.com, with live market data added, as of Wed, 04 Nov 2026 04:45:02 UTC.
This trend indicates reduced movement of older Bitcoin holdings, which could suggest changing holder behavior or increased confidence in the asset's long-term prospects.
- October saw 2,159 BTC ($167M) moved from 2012-2013 wallets, down 81% from August.
- 2013-origin wallets dominated activity while earliest Bitcoin addresses stayed inactive.
- Declining movement from old wallets may reflect holder confidence or market stabilization.
- Bitcoin Hashrate Surges to Seven-Month Peak Amidst AI Shift
- Dormant Bitcoin Transfers Slow for Second Month, Down 81% From August Peak — this brief
October saw a significant decline in the movement of 
Bitcoin from long-dormant wallets, with 2,159.15 BTC ($167.56 million) transferred, marking an 81% decrease from August's peak.
Despite the slowdown, the data indicates that wallets originating in 2013 were the most active, while Bitcoin's earliest wallets from 2012 and before remained largely inactive.
This decline in movement from old wallets follows a similar trend in September, suggesting a potential shift in holder behavior or increased confidence in Bitcoin's long-term prospects.
The broader market context shows Bitcoin trading at $76,043, down 0.98% in the last 24 hours and 5.50% over the past week, with the overall crypto market cap at $2.62 trillion and the Fear & Greed Index at 34, indicating a 'Fear' sentiment.
The reduced activity from old wallets may suggest a stabilization in the market or a strategic holding pattern by long-term investors, which could influence future price movements.
Since this brief published about 8 hours ago, Bitcoin (BTC) has moved from $76,043.00 to $76,795.00 — +0.99%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦106.29M (about $76,795.00), down 0.1% over 24 hours. The naira itself trades about 2.8% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Dormant Bitcoin Transfers Slow for Second Month, Down 81% Fr — questions & answers
How much Bitcoin was moved from dormant wallets in October?
2,159.15 BTC valued at $167.56 million was transferred from wallets dormant since 2012.
What was the trend in dormant Bitcoin transfers?
Transfers from dormant wallets declined for the second consecutive month, down 81% from August.
Which Bitcoin wallets were most active in October?
Wallets originating in 2013 were the most active, while wallets from 2012 and earlier remained inactive.
How much is 1 Bitcoin worth in naira today?
About ₦106.29M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $76,795.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.99% since this brief first published — trading at $76,795.00 now versus $76,043.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin.com. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.