Key Takeaways
What evidence shows that old Bitcoin is reawakening?
In both 2024 and 2025, more than 250k BTC dormant for 7+ years were moved from their wallets.
Why do we see this increased movement now?
The breach of the psychological $100k level could have sparked a profit-taking mindset from early holders. Movement for security purposes was also likely.
In a CryptoQuant Insights post, analyst OnChainSchool spotted that 2025 has already exceeded a key metric from 2024. The movement of Bitcoin [BTC], lying dormant for 7+ years, amounted to 255k BTC in 2024.
Source: CryptoQuant Insights
By October 2025, this number was already at 270k BTC. It also marked an all-time high for coin movements, lying dormant for such a long time.
It showed that more and more early era coins were waking up. Waking Satoshi-era wallets are nothing new, and usually raise speculation that early holders were selling. Sometimes, it turns out to be internal reorganizations.
Individual awakenings have little impact on price trends or Bitcoin outlook.
What stories do the once-dormant Bitcoin movement tell?
The analyst pointed out that there could be three reasons why dormant Bitcoin was awakening. It could be from old miners accessing their reserves, and it could also be from security migrations to fresh wallets.
The third
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Author: Akashnath S
