# Bitcoin Untouched Since the 2017 Peak Moves $383 Million, as Old and Seized Coins Reawaken

The dormant coins went to a fresh address rather than an exchange, and a separate $288 million United States government transfer to Coinbase renewed questions about seized-coin custody.

- Published: 2026-07-16T05:28:32.899Z
- Canonical: https://polylog.news/crypto/2026-07-16/bitcoin-untouched-since-the-2017-peak-moves-383-million-as-o
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/07/16/a-bitcoin-wallet-dormant-since-the-2017-peak-just-moved-usd383-million), [CryptoSlate](https://cryptoslate.com/us-governments-288m-coinbase-transfer-puts-bitcoin-reserve-rules-through-their-first-major-custody-test/)

A bitcoin wallet that had sat untouched since the 2017 price peak moved about $383 million in coins on July 16. The coins went to a fresh address rather than to an exchange, so nothing has been sold. But a dormant holding of that size becom…

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