Three Dormant Bitcoin Wallets from 2014 and 2017 Shift 599.76 BTC Worth $37.04M This Week

According to btcparser.com, three dormant bitcoin wallets from 2014 and 2017 moved a combined 599.76 BTC worth $37.04 million this week as Bitcoin hit its 2026 low. A wallet first seen on November 12, 2014, transferred 165.50 BTC at block height 952452, while two addresses from May 9, 2017, shifted 115 BTC and 319.26 BTC respectively.

The 2014 wallet's holdings appreciated to approximately $10.2 million despite the recent price downturn, representing a 16,693% gain from its original value of $60,738 when purchased over a decade ago. The transferred funds now reside in newly created addresses; onchain analysts monitor for clues on whether holders sold or transferred the coins to custodians.