About 81% of all Bitcoin has not moved for at least six months, according to figures from River Financial, a Bitcoin financial services company, cited by Coin Bureau in a post on X, underscoring the large share of the cryptocurrency's supply that has remained dormant over the period. Because Bitcoin's total supply is capped at 21 million coins, dormancy readings of this kind are widely used in on-chain analysis to gauge how much of the fixed supply sits outside day-to-day.

The same dataset shows a substantial increase in Bitcoin held by long-term holders since 2020. Long-term holders have added more than 3 million BTC since then, while only about 300,000 BTC left older wallets during the first half of 2026. Together, the figures offer a snapshot of how Bitcoin ownership shifted between longer-term holders and retail participants during 2026.

Long-Term Holdings Continue to Grow

River Financial's data indicates that Bitcoin remaining inactive for extended periods makes up 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, a convention that treats long-dormant coins as a distinct cohort on the premise that they are less responsive to short-term market conditions.

Since 2020, long-term holders have accumulated more than 3 million BTC, according to the figures cited in the Coin Bureau post. Within that broader trend, approximately 300,000 BTC moved out of older wallets during the first half of 2026.

The gap between the two figures points to continued net accumulation among longer-term holders across the period covered by the data. Wallet activity alone, however, does not establish why individual holders moved or retained their Bitcoin.

Retail Investors Flipped Position in 2026

The River Financial data also tracks a notable change in retail behavior 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 more than 107,000 BTC.

The figures therefore capture two distinct 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. The cited figures also do not extend beyond the third quarter, leaving retail behavior in the final months of 2026 an open question for future updates to the dataset.

Supply Remains Concentrated Among Longer-Term Holders

The 81% figure highlights the quantity of Bitcoin that has stayed untouched for at least six months, as distinct from 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 saw relatively limited movement during the first half of 2026, with roughly 300,000 BTC leaving those older holdings.

For market observers, the distinction between inactive and actively moving supply offers one way to assess shifts in Bitcoin ownership patterns without assuming that dormant coins will necessarily re-enter the market. The most recent specific movement cited in the data is the third-quarter retail accumulation of more than 107,000 BTC. Future releases of the underlying figures will show whether the dormancy share and the retail accumulation trend carried into later quarters.

The data was reported by Victoria Hale for Hokanews.