Long-Dormant Bitcoin Moves as New Buyers Enter the Market

On-chain data indicates a significant movement of long-dormant Bitcoin, with coins untouched for over two years being transferred in larger numbers than during past market peaks in 2017 and 2021.

The transfer suggests deep-pocketed holders are adjusting strategies, distinct from small traders seeking quick profits.
This shift occurred quietly, without triggering retail mania or price spikes, amid broader financial pressure.
Reasons for the transfers include profit-taking, custody updates, private trades, or backing financial products.
Long-term holders appear to be selling, while new buyers, including institutions and large accounts, enter the market.
Recent Bitcoin weakness is linked to rising global risks, such as US tariff policies, affecting investor sentiment.

Despite selling, Bitcoin remains stable around $89,140, indicating persistent demand. The market is evolving towards price-sensitive participants, with institutional interest playing a key role in future dynamics.