Bitcoin Faces Increased Volatility as 170,000 BTC Moves From Mid-Term Holders
Bitcoin (BTC) is poised for increased volatility as 170,000 BTC, valued over $14 billion at $84,500, have moved from wallets held for three to six months. This group often signals market turning points, according to CryptoQuant.
- Mid-term holders typically retain cryptocurrency for three to 12 months.
- They react more to market conditions than long-term holders but are less impulsive than short-term traders.
- Shifts from this cohort may indicate uncertainty or strategic positioning before a market event.
- Historical patterns show similar movements preceded significant price changes during past bull runs and corrections.
Bitcoin has fluctuated between $75,000 and $87,000 recently amid market tensions stemming from U.S. tariff policies.
