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The Awakening of Dormant Bitcoin Addresses: September 2025 Snapshot #38

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@Andycadcam

Hello friends,

As of September 2025, out of 123,000 addresses, almost 65,000 have woken up and now show a zero balance. Another 5,000 addresses hold less than 0.0001 BTC. And roughly 5,000 more addresses still have a positive balance and have shown activity between 2014 and 2025.

The notion of "dormant" is quite relative. It’s like a volcano: if it’s dormant, that doesn’t mean there will never be an eruption. In total, about 75,000 addresses have awakened (three-fifths), while about 50,000 remain dormant.

This is a small percentage of the total, but on average in 2025, 1–2 addresses wake up per day.

Kind regards.

bit_09_2025.txt
spended123000_less_than_one_hundred_dollars.xlsx
spended123000_ZERO.xlsx

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