Altcoin Hub logo Altcoin Hub logo
2025-04-24 14:33:52

Cryptoquant: “sleeping” bitcoins come to life - 62 800 btc moved

Since the beginning of 2025, the activity of old bitcoins that had not been moving more than 7 years has sharply increased. According to Cryptoquant, from January to March, ~ 62 800 BTC was moved, which is 121% more than in the same period of 2024 (28,000 BTC).

Data does not take into account the translation of 141,000 BTC related to MT.GOX to reflect organic activity.

Possible reasons:

Panic against the background of new tariffs in the USA

Changing market expectations

desire to realize profit or free liquidity

In April alone, the activation of another 1057 BTC from “deep storage” (7-10 years) was recorded.

Some analysts, including Arthur Hayes (Bitmex), expect that current conditions can push the BTC price above $ 100,000, especially against the backdrop of the possible return of US government bonds.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.