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Bitcoin
2026-08-29 15:33:53

Galaxy data shows decade-old Bitcoin moving at an unusually fast pace in 2026

Bitcoin that had not moved for 10 years or longer is becoming active at a pace rarely seen, according to fresh data from Galaxy Research. The firm’s chart, which tracks yearly activity by age cohort since 2012, shows a visibly larger share of 10-year-and-older coins moving in 2026 even though the year is not yet complete. Galaxy said six wallets dormant since 2011, 2012, and 2014 moved a combined 553.59 BTC between Aug. 16 and Aug. 26, worth about $40.15 million. Among the transfers, one wallet moved 212 BTC that had sat untouched since August 2012, while another shifted 10.74 BTC dormant since June 2011. A separate 40 BTC transfer, last active in May 2012, was sent to German custody bank Boerse Stuttgart Digital. The report says some reactivated wallets carry a “Salomon Client Dusted” tag linked to the Noah Doe lawsuit in New York, which seeks to classify roughly 39,069 dormant addresses as abandoned property. Galaxy also pointed to the Coldcard hardware-wallet exploit, during which about 233,000 BTC left long-term wallets. The activity comes during a volatile market stretch. Bitcoin fell to as low as $76,877 on Friday after Federal Reserve Chair Kevin Warsh struck a hawkish tone at Jackson Hole. Even so, U.S. spot Bitcoin ETFs pulled in $2.8 billion over eight straight days through Wednesday, while Myriad prediction-market traders still favored a move toward $84,000 over a drop to $55,000.

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Galaxy data shows decade-old Bitcoin moving at an unusually fast pace in 2026
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