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Dormant Bitcoin Movements Slow to 5,419 BTC in September Worth $457.23 Million

Long-dormant Bitcoin activity declined in September as wallets mobilized 5,419.45 BTC valued at roughly $457.23 million across 94 transactions, down from 6,427.59 BTC moved in August. Despite the monthly slowdown, on-chain movements remained above July levels. Wallets established in 2016 led the transfers with 1,556.53 BTC across 13 transactions, while 2013-era addresses transferred 888.91 BTC. About 57 transactions involved coins dormant between 12 and 16 years, including 600 BTC from 2010 addresses. Daily activity peaked with 24 transfers on September 5 and a single-day volume high of 1,620.39 BTC on September 6.

Category

Bitcoin

Sentiment

Neutral

Event

Analyst flows

Reading time

1 min