The Polylog Crypto Intelligence Brief

Morning Edition · Tuesday, August 4, 2026Published at 1:45 AM EDT · New York

Bitcoin Wallets Dormant Since 2013 Are Moving Coins Again

One 12-year-old wallet shifted $31 million on Monday, part of a wave of old-coin movement that began after the Coldcard theft and now complicates the reading of on-chain supply.

Bitcoin Wallets Dormant Since 2013 Are Moving Coins Again

A bitcoin wallet that had not transacted since 2013 moved about $31 million on Monday, and CoinDesk reports it was not the only one. Old coins have been shifting since the theft from Coldcard hardware wallets began last week. There are thre…

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Part of a tracked trend

Long-Dormant Bitcoin Supply Reactivates

Custody scares, key-rotation events and eventual quantum-resistance upgrades will keep waking decade-old bitcoin balances, degrading dormant-supply metrics as a read on holder intent.

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