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CRYPTO

Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges

CoinDeskSaturday, August 29, 2026 at 4:30 AM

RedScroll Brief

Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges
Image via CoinDesk

Six decade-old wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year's total.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Six decade-old wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year's total. Watch liquidity and volatility around Bitcoin and Crypto — crypto markets reprice narrative risk quickly.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Six decade-old wallets moved $40 million this month, but Galaxy's data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year's total.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Bitcoin wallets untouched for 10 years moved $40 million. Most avoided exchanges

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Crypto — crypto markets reprice narrative risk quickly.

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.