Dormant Bitcoin Wallets Move $40M Amid Mixed Spot Activity
Bitcoin (BTC)
Decrypt.co reports that six Bitcoin wallets dormant for over a decade moved tens of millions in BTC between August 16 and August 26. These wallets woke up during a period of significant price appreciation to execute large transfers. The movement of these long-held coins adds a layer of supply dynamics to the current market environment. This activity coincides with a week of notable volume in the broader market.
What Whalio's data showed
Binance spot order flow for BTC, measured when this story was published on 26 August 2026.
The 24-hour buy ratio of 51.0% indicates a slight bullish bias, though the 1-hour ratio of 48.4% shows immediate selling pressure. Volume delta turned negative in the last hour at -$2,340,106, contrasting with the strong positive 24-hour delta of +$40,417,819. This divergence suggests that recent selling has eroded the gains accumulated over the full day. The cumulative delta of -$3,448,344 at the 24-hour close confirms that sellers have recently overwhelmed buyers. Buying pressure appears to be fading in the short term despite the positive daily trend.