According to Galaxy Research data, Bitcoin’s oldest coins (dormant for a decade or more) have been moving at an unusual pace in 2026. Between August 16 and 26, six wallets dormant since 2011, 2012 and 2014 moved a combined 553.59 BTC worth approximately $40.15 million, including a 40 BTC wallet last touched in May 2012 that generated a 1,535,911% gain when it landed at German custody bank Boerse Stuttgart Digital. This activity occurs amid a volatile market, as Bitcoin fell to $76,877 on Friday following Fed Chair Kevin Warsh’s hawkish Jackson Hole keynote, though $2.8 billion in eight-day ETF inflows support a positive longer-term outlook.
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