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Dormant Bitcoin movements surge in August, outpacing July by nearly three times after a security scare.

Market News
10 Aug 2026
Bitcoin
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Neutral
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Dormant Bitcoin held in addresses from 2010 to 2017 has seen a sharp increase in activity during the first 10 days of August 2026, with 2,209 BTC moved—74.7% more than all of July. Even after excluding large clusters likely from single holders, the daily movement rate is nearly three times higher than July's. This surge follows a recent Coldcard wallet exploit, raising speculation that long-term holders may be consolidating or migrating funds for security reasons, although no direct link is confirmed. The pattern suggests coordinated wallet sweeps rather than panic selling, with Bitcoin prices remaining stable and slightly rising during this period.

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