Analyst Claims Bitcoin's Recent Slippage Is Due to Movements from Dormant Addresses

- Over 52,000 BTC that were less than three months old have been moved in the last three days.

- 75,228 coins between three and six months old have also been moved.

- 16,003 BTC between five and seven years old have entered the market.

These moves are fueling bearish sentiment in the market. 📉

Bitcoin is trading at $59,750, with a market cap of $1.17 trillion.