February 2025 saw the movement of 1,549.25 BTC—valued at approximately $130.45 million—from long-inactive bitcoin wallets. While this represents a notable shift, the volume was lower than January’s resurgence, suggesting a more measured reallocation of vintage holdings.
Fewer Early Wallets Reactivate
Blockchain tracker btcparser.com recorded no transactions from 2009-era wallets, indicating that bitcoin’s earliest adopters remain largely dormant. The oldest reactivation occurred from a 2010 wallet moving 50 BTC, followed by modest activity from 2011 and 2012, with 112.84 BTC shifted between them.
Most activity came from 2013–2017 wallets, particularly from 2017, where 12 transactions alone accounted for 496.72 BTC.
Bitcoin Movements by Year:
- 2010: 1 transaction, 50 BTC
- 2011: 4 transactions, 75 BTC
- 2012: 2 transactions, 37.84 BTC
- 2013: 19 transactions, 348.51 BTC
- 2014: 10 transactions, 136.2 BTC
- 2015: 12 transactions, 292.33 BTC
- 2016: 6 transactions, 112.65 BTC
- 2017: 12 transactions, 496.72 BTC
Large-Scale Transfers Raise Questions
Some standout transfers included:
- A 2017-era wallet moving 222.24 BTC
- A 2013 wallet dispersing 185.65 BTC
- A coordinated move of 90 BTC across nine wallets, each holding exactly 10 BTC
Interestingly, a seemingly insignificant 0.00011194 BTC transaction concealed a 27.74 BTC movement, hinting at discreet repositioning strategies.
Tactical Moves or Market Sentiment?
These redistributions suggest portfolio realignment by long-term holders, possibly in response to market conditions or shifting risk strategies. With bitcoin trading at $84,202 per BTC, veteran holders could be leveraging their assets in anticipation of future price movements.
While most early-era wallets remain untouched, the selective activation of mid-era holdings signals that some stakeholders are re-engaging with the market—whether for profit-taking, diversification, or more strategic financial planning.
