Activity was observed in long-term wallets. 16,011 bitcoins were moved from wallets held for 5 to 7 years. A few hours later, 14,558 bitcoins were transferred from wallets that had been held for 3 to 5 years. These bitcoins have not been sent to exchanges yet.

If these wallets send bitcoins to exchanges, it could create selling pressure and fear, resulting in a temporary decline. There is nothing alarming at the moment.