Analyst: OG group holding Bitcoin for over five years has become significantly more active recently
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Jinse Finance reported that on September 5, CryptoQuant analyst Darkfost stated that the activity of the OG group holding Bitcoin for more than 5 years has increased significantly recently. The 90-day moving average of UTXOs spent by this group has risen to 1,500 BTC, doubling compared to the level in May. The consolidation period seems to have caused doubts among almost all types of investors, including the most experienced OGs. However, these transfers are not necessarily sales; some may be moving BTC to more secure storage methods due to incidents such as the Coldcard incident.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
U.S. Strikes Three Iranian Oil Tankers After Missile Attacks on Warships
CoinEdition•2026/09/05 17:42
BTC surpasses the $80,000 mark
AiCoin•2026/09/05 16:54
There Are Two Conditions for Bitcoin to Remain Above $80,000
BitcoinSistemi•2026/09/05 15:42
Crypto prices
MoreBitcoin
BTC
$79,922.45
+0.17%
Ethereum
ETH
$2,478.21
+0.91%
Tether USDt
USDT
$1.0000
-0.00%
BNB
BNB
$776.33
+7.93%
XRP
XRP
$1.42
+1.15%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$103.81
+1.91%
TRON
TRX
$0.3342
+0.68%
Hyperliquid
HYPE
$86.06
+1.13%
Zcash
ZEC
$1,023.52
-0.71%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now