Old bitcoin holders have resumed their movements, with over 4 billion dollars spent since February.

This resurgence of activity may indicate profit-taking at record levels or an anticipation of a market reversal.

While forecasts are abound, it is the measured decisions of historical investors that truly guide the current dynamics.

The awakening of dormant wallets: a signal to be deciphered

Glassnode's analysis highlights a genuine resurgence of activity from wallets inactive for 3 to 5 years. These investors, often considered strong hands, had preferred to wait until now to act. However, they are now liquidating en masse: about 2.16 billion dollars in BTC have been spent by this group.

Why now? Is it a loss of confidence or simple arbitrage in the face of historically high prices? Some see this as a bearish signal, others as a simple change of guard. But what is certain is that the timing is not casual. Bitcoin cycles often reveal their truth through these discreet movements.