“From January to March, more than 62,800 BTC, which has not been moved for more than seven years, have been moved to new wallets. For comparison, only 28,000 BTC was moved during the same period last year. Thus, the activity of “sleeping” coins increased by 121%, Cryptoquant reports. Source: Cryptoquant. This data does not take into account 141 000 BTC associated with transfers on mt.gox in May 2024, which gives a more accurate idea of […]”, – WRITE: Businessua.com.ua
From January to March, more than 62,800 BTC, which has not been moved for more than seven years, have been moved to new wallets. For comparison, during the same period last year was Only 28,000 BTC moved. Thus, the activity of “sleeping” coins increased by 121%, Cryptoquant reports.
Source: Cryptoquant.
This data does not take into account the 141,000 BTC associated with transfers on Mt.gox in May 2024, which gives a more accurate idea of organic movements in the market.
Analysts believe that the awakening of old coins can signal a change in mood among long -term holders. This may be due to economic instability, revising the expectations of price or increasing liquidity demand from institutional investors.
In April, another 1057 BTC was recorded, which remained stationary for 7-10 years. Panic on the stock market could be a momentum for the movement after the US President Donald Trump’s liberation tariffs.
We will remind, the co -founder of BitMex Arthur Hayez expects bitcoin to grow more than $ 100,000 thanks to the redemption of Treasury bonds by the US Ministry of Finance.
The gun
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