{"id":72010,"date":"2026-05-04T00:22:59","date_gmt":"2026-05-04T00:22:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dormant-wallets-spend-793-btc-over-72-hours-as-bitcoin-crosses-79000\/"},"modified":"2026-05-04T00:22:59","modified_gmt":"2026-05-04T00:22:59","slug":"dormant-wallets-spend-793-btc-over-72-hours-as-bitcoin-crosses-79000","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dormant-wallets-spend-793-btc-over-72-hours-as-bitcoin-crosses-79000\/","title":{"rendered":"Dormant Wallets Spend 793 BTC Over 72 Hours as Bitcoin Crosses $79,000"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li aria-level=\"1\">Onchain data shows 793 <span>BTC<\/span> spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets.<\/li>\n<li aria-level=\"1\">A single 110 <span>BTC<\/span> output created in June 2011 moved on May 1, signaling decade-old holders are still active.<\/li>\n<li aria-level=\"1\">Activity spiked sharply on May 3 as <span>bitcoin<\/span> traded near $79,000, with 50 of 62 total outputs spent on Sunday.<\/li>\n<\/ul>\n<h2>Onchain Data Tracks <span style=\"font-weight:400\">$62.5M Worth of<\/span> <span>BTC<\/span> Leaving Old Wallets Since May 1<\/h2>\n<p>The last three days of May saw 62 spent outputs from dormant coins across the <span>Bitcoin<\/span> network, according to <a href=\"https:\/\/btcparser.com\/1\/\" target=\"_blank\" rel=\"noopener noreferrer\">btcparser.com stats<\/a>. The majority, 56 of the 62 outputs, originated from coins created in late 2016, accounting for roughly 600 <span>BTC<\/span> of the total spent. Most of those 2016 outputs moved on May 2 and May 3, with single-transaction amounts ranging from a fraction of a <span>bitcoin<\/span> to more than 26 <span>BTC<\/span>.<\/p>\n<p>The older activity deserves attention. Two outputs created in 2011 were spent on May 1, totaling 130.02 <span>BTC<\/span>. One of those came from a wallet holding <a href=\"https:\/\/mempool.space\/address\/194rAG1Ns3oR7mrQ3ceUSMmkXWpSXFZugG\" target=\"_blank\" rel=\"noopener noreferrer\">110 BTC<\/a>, with coins dating back to June 13, 2011. The other output, 20.02 <span>BTC<\/span>, traced back to July 6, 2011. Together, those two transactions represent about 16% of the total <span>BTC<\/span> moved this month.<\/p>\n<p>A third early-era transaction, from a 2012 output, moved 11.36 <span>BTC<\/span> on May 1. The coins had been acquired on Sept. 28, 2012. A 2013 output, dated Sept. 11 of that year, contributed another 11.77 <span>BTC<\/span> on May 3.<\/p>\n<p>Two 2014 dormant <span>bitcoin<\/span> spends also cleared in May so far. Coins obtained Aug. 16, 2014, moved 10.07 <span>BTC<\/span>, while a March 20, 2014, output contributed 30.41 <span>BTC<\/span>. Combined, 2014 wallets sent about 40.48 <span>BTC<\/span>.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Activity accelerated on Sunday. Of the 62 total outputs, just 4 cleared on May 1, 8 on May 2, and 50 on May 3. That spike accounted for the bulk of the <span>volume<\/span> and aligned with <span>bitcoin<\/span> trading at higher prices over $79,000 as of 7 p.m. ET.<\/p>\n<p>The 2016 cohort drove most of May\u2019s <span>volume<\/span>. Specific examples from include sleeping coins from Dec. 10, 2016, Dec. 7, 2016, and Nov. 27, 2016, with individual outputs ranging from 0.01 <span>BTC<\/span> to more than 26 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> per transaction. Two of the larger single spends from that batch totaled 26.28 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> and 24.32 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>.<\/p>\n<p>A substantial portion of the 2016-era <a href=\"https:\/\/news.bitcoin.com\/a-beginners-guide-to-bitcoin-address-evolution\/\">addresses<\/a> transitioned from legacy wallets into newly formed P2WPKH (Pay-to-Witness-Public-Key-Hash) addresses. In a comparable move, the 2011 wallet was likewise migrated to a new and unidentified P2WPKH destination. It remains unclear whether these coins have been liquidated, are poised for sale, or are merely being reorganized into more modern address structures.<\/p>\n<p>What the data does confirm is that 793 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> moved over 72 hours, with the oldest coins coming from addresses active more than a decade ago. Whether the movement reflects distribution or repositioning, the wallets were quiet for years before this week.<\/p>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/dormant-wallets-spend-793-btc-over-72-hours-as-bitcoin-crosses-79000\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways: Onchain data shows 793 BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A single 110 BTC output created in June 2011 moved on May 1, signaling decade-old holders are still active. Activity spiked sharply on May 3 as bitcoin traded [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72010"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72010"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72011"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}