diff --git a/src/validation.cpp b/src/validation.cpp
index bb13cbaad..6bc20edd0 100644
--- a/src/validation.cpp
+++ b/src/validation.cpp
@@ -2473,20 +2473,19 @@ bool ActivateBestChain(CValidationState &state, const CChainParams& chainparams,
             pindexNewTip = chainActive.Tip();
             pindexFork = chainActive.FindFork(pindexOldTip);
             fInitialDownload = IsInitialBlockDownload();
+
+            // throw all transactions though the signal-interface
+            for (const auto& pair : connectTrace.blocksConnected) {
+                assert(pair.second);
+                const CBlock& block = *(pair.second);
+                for (unsigned int i = 0; i < block.vtx.size(); i++)
+                    GetMainSignals().SyncTransaction(*block.vtx[i], pair.first, i);
+            }
         }
         // When we reach this point, we switched to a new tip (stored in pindexNewTip).
 
         // Notifications/callbacks that can run without cs_main
 
-        // throw all transactions though the signal-interface
-        // while _not_ holding the cs_main lock
-        for (const auto& pair : connectTrace.blocksConnected) {
-            assert(pair.second);
-            const CBlock& block = *(pair.second);
-            for (unsigned int i = 0; i < block.vtx.size(); i++)
-                GetMainSignals().SyncTransaction(*block.vtx[i], pair.first, i);
-        }
-
         // Notify external listeners about the new tip.
         GetMainSignals().UpdatedBlockTip(pindexNewTip, pindexFork, fInitialDownload);