Bitcoin Holders Reawaken—Large Transfers Follow $90K Recovery

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Bitcoin Holders Reawaken—Large Transfers Follow $90K Recovery - NewsBTC

Quick Summary:

Maartunn, CryptoQuant on-chain analyst, shared an interesting screenshot showing trading activities among Bitcoin long-term holders. 🚨 Old Bitcoin Alert Serious movement of 7+ year-old BTC as price surges past $95K! 📈 pic.twitter.com/ti3eJAkfCp — Maartunn (@JA_Maartun) March 3, 2025 In a Twitter/X tweet, Maartunn shared an image showing a spike in activity for seven to 10-year-old wallets.

Related Reading: BTC Risk Factor Remains High, Crypto Analyst Notes Interestingly, these wallets have purchased Bitcoin at around $25,000, meaning these holders have realized a staggering profit given the asset’s current price of $83k.

The asset’s price is down 8.8% from last week’s level and 16.4% from last month’s. Bitcoin’s data and trading patterns suggest that some whales and long-term holders are getting impatient with its price performance.