🔍 $BTC On-Chain Insight – Spent Volume by Age
Older #Bitcoin is waking up!
The recent spike in spent volume from 5y–10y wallets signals that long-term holders are moving coins, possibly for profit-taking or repositioning.
📊 Interpretation: When older BTC starts moving, it can suggest one of two things:
1. Confidence in higher prices (strategic rotation).
2. Distribution at key resistance (risk-off sentiment).
🚨 Watch for: If this trend continues with price stalling or dropping, it could signal distribution before a correction.
