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Dormant Bitcoin wallet activity drops 81% in October, signaling cooling interest in old holdings.

Technical Signals
03 Nov 2026, 23:05 WIB
Bitcoin
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Neutral
Dormant Bitcoin wallet activity drops 81% in October, signaling cooling interest in old holdings.

In October 2026, dormant Bitcoin wallets moved 2,159.15 BTC worth $167.56 million, marking a sharp 81% decline from August's activity. Most transfers came from wallets created in 2013, while the oldest addresses from 2010 and 2011 remained inactive. Despite fewer transactions, the average transfer size increased, suggesting large holders may be consolidating coins rather than selling. This slowdown raises questions about whether these coins are changing hands or simply moving to newer wallets.

Bitcoin's October dormant wallet activity dropped sharply, with transfers plunging 81% from August. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 04, 2026 03:21 WIB: out of 50 priced major cryptocurrencies, 37 rose and 12 fell. Notable movers include FIL at Rp15.950 (+2.55%), SUSHI at Rp3.464 (+2.55%), and CAKE at Rp34.105 (+2.27%).

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