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UPDATE: According to CryptoQuant analyst, another 500 $BTC dormant for over 10 years and 746 $BTC aged 3–5 years have moved in recent blocks.
CryptoQuant analyst reported that about 500 BTC that had not moved for more than ten years and 746 BTC that were held for three to five years were transferred in the latest blockchain blocks.
Published:
Updated:
What happened
CryptoQuant analyst reported that about 500 BTC that had not moved for more than ten years and 746 BTC that were held for three to five years were transferred in the latest blockchain blocks.
Confirmed
Global impact / market context
When Bitcoin that has been held for many years is moved, it may mean owners are preparing to sell or use the coins, which can change the amount of Bitcoin available for trading and potentially increase price swings.
Analyst inference
Bitcoin’s circulating supply is already tight because many long‑term holders keep their coins off exchanges; sudden activity from these dormant holdings could shift market expectations about future selling pressure.
Analyst inference
What to watch
- Track whether the newly moved 500 BTC and 746 BTC are sent to exchange wallets, which would suggest possible selling pressure. Analyst inference
- Observe Bitcoin price movements over the next few weeks for any volatility that might be linked to the increased supply from these transfers. Analyst inference
- Watch for further updates from CryptoQuant or other analytics firms about additional long‑dormant Bitcoin activity. Analyst inference
Affected assets
- BTC — Bitcoin