With bitcoin smashing fresh highs on Monday, roughly 342.77 long-dormant coins — now worth $41.8 million — stirred for the first time in years, breaking their silence amid the rally.
Bitcoin’s $126K High Prompts Early Holders to Reposition Their Coins
On Oct. 6, 2025, bitcoin climbed to an all-time high of $126,272 per coin on Bitstamp, marking a new milestone for the world’s largest digital asset. By the following day, Tuesday, bitcoin had cooled off, dipping to a low of $120,648. In recent hours, it’s been bouncing between the $121,500 and $122,500 range.
Between those two dates, roughly 342.77447282 BTC from long-inactive wallets created between 2013 and 2017 were moved to new addresses, according to data from btcparser.com.
At press time, the transferred cache is valued at $41.8 million — far more than the coins were worth at the time of their creation. Most of the movement came from 2013-era wallets, which collectively shifted 122.62019399 BTC over the past two days.
One transaction moved roughly 100 BTC, while the remainder came from another 2013 wallet. On Tuesday, following bitcoin’s $126,000-plus peak on Monday, a 2014 wallet moved 100 coins valued at $12.2 million.
Those coins were sent to a flagged Kraken deposit address. In addition, over the past two days, 11 separate transfers from 2016-era dormant wallets relocated coins for the first time since their original accumulation.
Lastly, within the same period, two transactions originating from wallets created in 2017 moved a total of 20.49700505 BTC. Altogether, the flurry of wallet activity between Oct. 6 and Oct. 7 paints a picture of long-term holders stirring amid bitcoin’s record highs.
While prices have cooled slightly since touching $126,272, the awakening of dormant bitcoin wallets — some untouched for more than a decade — hints that early adopters may be taking advantage of the latest rally to reposition their holdings.