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.
