According to on-chain data, 793.36 dormant Bitcoins changed hands between May 1 and May 3, 2026, with the notable portion dating back to wallets that have not moved coins since 2011.
Important points:
- On-chain data shows 793 $BTC Between May 1 and 3, 2026, 56 of the 62 outputs were generated from 2016 wallets.
- single 110 $BTC The output created in June 2011 has been moved to May 1st, showing that the holder from 10 years ago is still active.
- Activity spiked on May 3, with 50 of the total production of 62 being spent on Sunday, as Bitcoin traded near $79,000.
On-chain data track worth $62.5 million $BTC Leave your old wallet behind after May 1st
According to statistics from btcparser.com, the last three days of May saw 62 spent outputs from dormant coins across the Bitcoin network. The majority of the 62 productions, 56, come from coins minted in late 2016, accounting for approximately 600. $BTC of total expenditure. Most of the 2016 output took place on May 2nd and May 3rd, with single transactions ranging from a fraction of a Bitcoin to more than 26 Bitcoins. $BTC.
Old activity is noteworthy. The two outputs created in 2011 were consumed on May 1, totaling $130.02. $BTC. One of them came out of a wallet with a 110 in it. $BTCthe coin is dated June 13, 2011. Another output, 20.02 $BTCdated July 6, 2011. Together, these two transactions represent approximately 16% of the total. $BTC I moved this month.
The third early transaction from the 2012 output moved at 11.36. $BTC Coin was acquired on September 28, 2012. The 2013 output dated September 11 of the same year contributed an additional $11.77. $BTC May 3rd.
So far, two dormant Bitcoin spending cases from 2014 were also resolved in May. Coin retrieved on August 16, 2014, moved to 10.07 $BTCthe contribution to production on March 20, 2014 was 30.41 $BTC. In total, the wallet sent approximately $40.48 in 2014. $BTC.
Activity picked up on Sunday. Out of a total of 62 outputs, only 4 were settled on May 1st, 8 on May 2nd, and 50 on May 3rd. This surge accounts for the bulk of the trading volume, coinciding with Bitcoin trading as high as over $79,000 as of 7pm ET.
The 2016 cohort accounted for the bulk of May’s trading volume. Specific examples include sleeping coins on December 10, 2016, December 7, 2016, and November 27, 2016, with individual outputs in the 0.01 range. $BTC Up to 26 and above $BTC per transaction. The sum of the two large single spends from that batch was 26.28 $BTC and 24:32 $BTC.
The majority of 2016-era addresses have migrated from traditional wallets to newly formed P2WPKH (Pay-to-Witness-Public-Key-Hash) addresses. In a similar move, the 2011 wallet was also migrated to a new, unverified P2WPKH destination. It remains unclear whether these coins have been liquidated, ready for sale, or simply reorganized into a more modern address structure.
The data supports 793 $BTC It has been traveling for over 72 hours, and the oldest coins are from addresses that were active over 10 years ago. Whether this movement reflects distribution or relocation, until this week, wallets had been silent for years.
