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AI summary of a third-party reportNeutralNewsDesk

Dormant Bitcoin transfers fall 66% in October as 2013 wallets dominate

Btcparser tracked 35 transfers of long-dormant Bitcoin worth about $168m between 1 and 30 October, a second monthly slowdown, with wallets from 2013 accounting for 46% of the volume.

InvestIn.News NewsDesk · 1 min read
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Picture from Bitcoin.com News for: Dormant Bitcoin transfers fall 66% in October as 2013 wallets dominate
Image: Bitcoin.com News
Original reporting: Jamie Redman, Bitcoin.com News

Key points

  • 35 transfers moved 2,159.15 BTC in October, down from 6,427.59 BTC across 188 transfers in August and 5,419.45 BTC in September.
  • Wallets first funded in 2013 moved 993.61 BTC worth $77.1m across 11 transfers, 46.02% of the month's volume.
  • The largest single transfer was 500 BTC worth $38.8m on 20 October from a wallet created on 23 January 2016.

Dormant Bitcoin transfers cooled for a second month in October, with btcparser.com recording 35 movements of long-idle coins between 1 and 30 October. The transfers totalled 2,159.15 BTC, worth about $168m at a reference price of $77,606 per coin, according to Bitcoin.com News. That is roughly 66% below August's 6,427.59 BTC and 60% below September's 5,419.45 BTC, with transaction counts falling even more sharply.

Activity was concentrated in a short window. Ten transfers between 17 and 21 October accounted for 1,620.75 BTC, about three-quarters of the month's total, and four of them moved 1,361.21 BTC worth $106m. The single biggest was 500 BTC valued at $38.8m on 20 October, from a wallet established on 23 January 2016. That date also saw 11.2 BTC leave the oldest address in the dataset, created on 14 February 2012, after more than 14 years.

2013 wallets dominate

Wallets first funded in 2013 dominated, moving 993.61 BTC worth $77.1m across 11 transfers, or 46.02% of the month's volume, up from about 16% in September and 13% in August. The 2016 cohort followed with 546.95 BTC and 2017 addresses with 355.93 BTC. Addresses from 2010 and 2011 did not appear at all, after September's 600 BTC from 2010 wallets alone.

The figures cover spending from selected dormant addresses rather than confirmed sales, so coins may simply have moved between wallets held by the same owner. From July through October 2026, the tracked total reached 15,270.35 BTC, worth about $1.19bn at the rates cited.

Read the full story on Bitcoin.com News

Live updates on NewsFeeds:BitcoinDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

Not investment advice. Read the risk disclaimer.

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