Activity of Bitcoin Holders for Over 5 Years Increases to 1,500 BTC

CryptoQuant analyst Darkfost pointed out that the activity of OG groups holding Bitcoin for over five years has recently strengthened significantly, with the 90-day moving average of spent UTXOs rising to 1,500 BTC, doubling from May levels. Although the consolidation period has raised concerns among investors, these transfers do not necessarily indicate selling; some may be moving BTC to safer storage methods due to reasons such as the Coldcard incident.

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