81% of Bitcoin Has Not Moved in Six Months, River Financial Data Shows

Bitcoin on-chain data showing 81% of BTC has remained unmoved for at least six months,

About 81% of all Bitcoin has not moved for at least six months, according to data shared by Coin Bureau citing River Financial, highlighting the large share of the cryptocurrency supply that has remained inactive over the period.

The data also shows a substantial increase in Bitcoin held by long-term holders since 2020. According to the figures cited by Coin Bureau, long-term holders have added over 3 MILLION BTC since then, while only about 300,000 BTC moved out of older wallets during the first half of 2026.

The figures provide a snapshot of how Bitcoin ownership has shifted between longer-term holders and retail participants during 2026.

Long-Term Bitcoin Holdings Continue to Grow

River Financial's data indicates that the amount of Bitcoin remaining inactive for extended periods represents a large portion of the total supply. Coins that have not moved for at least six months are generally classified separately from more actively traded supply when analyzing on-chain behavior.

Since 2020, long-term holders have accumulated more than 3 MILLION BTC, according to the figures cited in the Coin Bureau post. At the same time, approximately 300,000 BTC moved out of older wallets during the first half of 2026.

The difference between those figures points to continued net accumulation among longer-term holders over the period covered by the data. However, wallet activity alone does not establish why individual holders moved or retained their Bitcoin.

Retail Investors Shifted Position in 2026

The River Financial data also tracks a notable change among retail investors this year.

Retail investors sold a net 140,000 BTC during the first half of 2026, according to the figures cited by Coin Bureau. That trend subsequently reversed during the third quarter, when retail investors bought back over 107,000 BTC.

The figures therefore show two distinct markets phases in retail activity during 2026: net selling in the first half of the year followed by substantial repurchases in Q3.

The data does not, by itself, indicate whether the buying or selling was driven by Bitcoin's price, broader market conditions, portfolio decisions or other factors.

Bitcoin Supply Remains Concentrated Among Longer-Term Holders

The 81% figure places the focus on the amount of Bitcoin that has remained untouched for at least six months rather than the volume changing hands through exchanges and other market venues.

River Financial's figures, as cited by Coin Bureau, also show that older Bitcoin wallets experienced relatively limited movement during the first half of 2026, with about 300,000 BTC leaving those older holdings.

For market observers, the distinction between inactive and actively moving supply provides one way to assess changes in Bitcoin ownership patterns without assuming that dormant coins will necessarily enter the market.

The latest figures leave the third-quarter retail accumulation above 107,000 BTC as the most recent specific movement cited in the data.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.