October saw only 35 dormant Bitcoin transfers totaling 2,159 BTC, a sharp decline from August’s 188 moves, with 2013‑born wallets dominating the activity.
According to data compiled by btcparser.com, dormant Bitcoin wallets moved a total of 2,159.15 BTC – roughly $167.56 million at a reference price of $77,606 – between October 1 and October 30, 2026. The month recorded only 35 transfers, a steep contraction from August’s 188 transfers and September’s 94, representing an 81% drop in transaction count and a 66% decline in volume versus August. While the average transfer size rose to 61.69 BTC, the overall activity was heavily skewed toward a few large moves.
The October figures confirm a cooling trend that began in August, when dormant wallets collectively moved 6,427.59 BTC across 188 transactions. September’s activity was already lower at 5,419.45 BTC in 94 transfers, and July was the quietest month of the period with just 30 transfers moving 1,264.16 BTC. The latest data show a 66% volume drop from August and a 60% fall from September, while the number of transfers contracted even more dramatically.
Wallets first funded in 2013 dominated October’s dormant activity, moving 993.61 BTC worth $77.11 million across 11 transfers – 46% of the month’s total volume. This share is a marked increase from roughly 16% in September and 13% in August. The 2016 cohort ranked second with 546.95 BTC, followed by 2017‑originated addresses with 355.93 BTC. By contrast, 2014‑era wallets contributed only 174.46 BTC, a sharp fall from August’s 3,286.26 BTC attributed to that vintage.
The most sizable transaction occurred on October 20, when a wallet created on January 23, 2016, sent 500 BTC – valued at $38.80 million – to an unknown destination. The same day also saw the oldest address in the dataset, established on February 14, 2012, move 11.2 BTC after more than 14 years of inactivity. Between October 17 and 21, ten transfers accounted for 1,620.75 BTC, or roughly three‑quarters of the month’s total, with four transactions alone moving 1,361.21 BTC ($105.64 million).
A curious timing pattern emerged on October 17 when two 2013 wallets transferred 248.85 BTC and 167.84 BTC within five seconds of each other, suggesting possible common control, though blockchain data alone cannot confirm ownership. Additionally, two wallets created on consecutive Christmas days in 2015 each sent exactly 10 BTC on October 23, spaced eight minutes apart.
Analysts will monitor whether the concentration of activity in a few large transactions persists into November, and whether newer vintages (post‑2018) begin to re‑enter the dormant‑wallet space. The continued absence of 2010 and 2011 addresses – which were present in September but not in October – may indicate a deeper shift in early‑era holder behavior. Finally, the overall trend of declining dormant‑wallet movements could signal changing liquidity preferences among long‑term Bitcoin investors.
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