A striking move in the market right now revealed by recent CryptoQuant data.
• Old Bitcoin whales (OG Holders) who have held their coins for more than 5 years have started moving larger amounts of Bitcoin. The 90-day moving average of the volume of these transactions (STXO) recently reached about 1,500 $BTC .
Historically, movements by old and large addresses point to asset redistribution or preparation for new liquidity phases in the market, an indicator that keeps appearing alongside current price moves.
What do you think about the moves of these old whales right now—do you see them as the start of distribution, or just a reshuffling of portfolios?
• Old Bitcoin whales (OG Holders) who have held their coins for more than 5 years have started moving larger amounts of Bitcoin. The 90-day moving average of the volume of these transactions (STXO) recently reached about 1,500 $BTC .
Historically, movements by old and large addresses point to asset redistribution or preparation for new liquidity phases in the market, an indicator that keeps appearing alongside current price moves.
What do you think about the moves of these old whales right now—do you see them as the start of distribution, or just a reshuffling of portfolios?
