The latest data from Galaxy Research show that bitcoin held for more than 10 years began to move more frequently in 2026. Although this year is not yet over, this part of the currency is more active in annual statistics than in most past years.

A lot of old wallets turned out late in August.

Galaxy statistics show that between 16 and 26 August, a total of 553.59 BTCs were transferred out of six long-silent wallets since 2011, 2012 and 2014, estimated at approximately $4.015 million in price.

Of these, a wallet that has not been used since August 2012 transferred 212 BTCs worth approximately $13.66 million. Another silt wallet since June 2011 transferred 10.74 BTCs, approximately $692,000. There was also a transfer of 40 BTC assets, which had last moved in May 2012 and subsequently to the German Trust Bank Boerse Stuttgart Digital.

It doesn't have to be sold.

This type of transfer is of interest because few of the early holders of bitcoin have control over their private key. Every time the old wallet wakes up, the market is seen as a signal of potential new market chips.

However, it is generally not possible to judge whether these bitcoin have been sold on the basis of chain data alone, or simply to replace the custodianship, transfer to a professional institution, or return the address. It was mentioned that, in the recent past, many funds had been directed more towards professional infrastructure than directly to the open market.

Two incidents or driving the movement of the coin

  • Some of the wallets are labeled "Salomon Client Dusted" in connection with a lawsuit in New York.
  • The case tried to identify about 39,000 long-silent addresses as orphan property.
  • Since the judge suspended the case in June, named wallets have moved more frequently

In addition, the Coldcard hardware wallet loophole could have an impact. It was reported that some 233,000 BTCs had been transferred from long-held wallets since the incident and that some of the holders had moved to new storage programmes because of security concerns.

Bitcoin short-term pressure. ETF funds are still flowing.

At the time of the departure of the currency, the market volatility of the bitcoin increased. Reports indicate that Bitcoin dropped to $76877 on Friday, returning a significant increase during the previous week.

One of the triggers was the statement made by Federal Reserve Chairman Kevin Warsh at Jackson Hall to the effect that inflation had not returned fast enough. CME FedWat data show that the market's expectations for the September interest rate hike have risen from 35 per cent to about 56 per cent the previous day.

However, the medium-term funding landscape remains solid. The United States spot bitcoin ETF had recorded net inflows on eight consecutive trading days as of last Wednesday, with a total of $2.8 billion in ingestion, the longest round since April. It was also mentioned that Myriad traders in the forecast market are still more inclined to continue looking for $84,000 in bitcoin than back to $55,000.