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Dormant Bitcoin Addresses Move 5,419 BTC Worth $457M in September

Long-dormant Bitcoin addresses transferred 5,419.45 BTC, worth about $457 million, across 94 transactions in September. The total was below August’s 6,427.59 BTC but above July’s, with wallets created in 2016 moving 1,556.53 BTC in 13 transactions and wallets from 2013 moving roughly 888.91 BTC across 26 transactions. About 57 transfers involved coins dormant for 12 to 16 years, and Sept. 6 saw the largest single-day movement at 1,620.39 BTC.

Original source

AI take

The composition matters more than the total: coins dormant since 2013 and 2016, plus a cluster of 12-to-16-year-old wallets, are the kind of holdings that rarely move without a deliberate reason, whether custody migration, estate or legal handling, or preparation for sale. The month-over-month decline from August argues against a broad distribution wave, but the concentration of very old coins in a single day keeps the question open. The next signal to watch is whether these aged addresses keep transacting or go quiet again.

Generated by AI for reference only.

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