#StrategyBTCPurchase 30.000 "dormant" bitcoins were activated. What could happen to the price?

"Don't be surprised if the market moves from here," says analyst.

bitcoin coins and chart background.

The activation of these coins could translate into sales to secure profits. Source: Image generated by CriptoNoticias using SeeArt.ia.

It is possible that these coins will be sold to secure profits.

This would explain the correction phase that bitcoin entered after the most recent ATH.

31.968 BTC, equivalent to about 3.780 billion dollars, emerged from their slumber of between 3 and 5 years. This movement is the first of such magnitude in more than a year for this age group.

An analysis by J.A. Martuun, published by the on-chain data provider CryptoQuant, described this movement as "a rare event." The following chart shows that similar movements have coincided with key moments in bitcoin's trajectory.