"Onchain data shows that 793 BTC was spent between May 1 and May 3, 2026, with 56 of 62 outputs originating from wallets created in 2016. A significant transaction involved a 110 BTC output from a wallet dating back to June 2011, indicating that long-term holders are still active in the market."
"The last three days of May saw 62 spent outputs from dormant coins across the Bitcoin network, with the majority coming from 2016 wallets. Notably, two outputs from 2011 were spent on May 1, totaling 130.02 BTC, which represents about 16% of the total BTC moved this month."
Between May 1 and May 3, 2026, 793.36 bitcoins changed hands, primarily from wallets that had not been active since 2011. A notable transaction involved 110 BTC from a wallet created in June 2011. The majority of transactions occurred on May 2 and May 3, with 56 of 62 outputs originating from 2016 wallets. Activity peaked on May 3 as bitcoin approached $79,000, with 50 outputs spent that day. Older transactions from 2011 and 2012 also contributed to the total BTC moved.
Read at news.bitcoin.com
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