Dormant bitcoin wallets moved 2,159.15 BTC valued at approximately $167.56 million in October, according to data tracked by btcparser.com, marking a second consecutive monthly slowdown in long-sleeping coins returning to activity. The figure reflects a reference price of $77,606 per coin.
The October total covers 35 transfers recorded between Oct. 1 and Oct. 30, a sharp retreat from the volumes seen in late summer.
Volume and transfer counts decline
August saw 6,427.59 BTC move across 188 transfers, while September recorded 5,419.45 BTC through 94 movements. October's bitcoin volume fell roughly 66% from August and 60% from September, with transaction counts contracting even more steeply.
July was quieter still in absolute terms, with 30 transfers totaling 1,264.16 BTC. Despite the smaller overall volume, October's average transaction size reached 61.69 BTC, exceeding the previous three months.
Activity concentrated in a handful of days
The month's largest single transfer came on Oct. 20, when a wallet established on Jan. 23, 2016, moved 500 BTC valued at $38.80 million. That date accounted for 511.20 BTC in total, worth about $39.67 million.
Between Oct. 17 and Oct. 21, just 10 transfers accounted for 1,620.75 BTC, or roughly three-quarters of the month's total. Four transactions alone moved 1,361.21 BTC, valued at $105.64 million.
2013 wallets take center stage
Addresses first funded in 2013 dominated October, accounting for 993.61 BTC worth $77.11 million across 11 transfers. That represented 46.02% of the month's bitcoin volume, compared with approximately 16% in September and 13% in August.
The 2016 cohort ranked second with 546.95 BTC, followed by 2017 addresses with 355.93 BTC. Wallets established in 2014 contributed 174.46 BTC, far below August's 3,286.26 BTC attributed to that vintage.
On Oct. 17, two 2013 wallets transferred 248.85 BTC and 167.84 BTC just five seconds apart within block 971894. The synchronized timing suggests possible common control, though blockchain evidence alone cannot establish shared ownership.
Oldest and smallest movements
The oldest address in the dataset, established Feb. 14, 2012, transferred 11.2 BTC after more than 14 years. Two wallets created on consecutive Christmas dates in 2015 each transferred exactly 10 BTC on Oct. 23, with their movements separated by eight minutes.
The smallest transactions were comparatively modest, including three transfers below 0.01 BTC.
2010 and 2011 wallets absent
Addresses originating in 2010 and 2011 did not appear in October's dataset, following September's 600 BTC attributed to 2010 wallets alone.
The figures capture spending from selected dormant addresses rather than verified sales, meaning coins could have been transferred between wallets controlled by the same holder. Detection also depends partly on btcparser.com's criteria and should not be read as a complete accounting of every older bitcoin address spending coins.
The four-month total for sleeping bitcoin movement from July through October was 15,270.35 BTC, worth approximately $1.185 billion using current BTC exchange rates.
