Bitcoin Holders Increase Activity, Reaching New Transfer Peaks

According to PANews, recent data from Glassnode indicates a significant rise in activity among long-term Bitcoin holders, with the total transfer volume for those holding Bitcoin for 1-5 years reaching $4.02 billion, marking the highest level since February this year. Within this group, holders of 3-5 years contributed $2.16 billion, the second-highest in this cycle, following the $6 billion peak in March 2024. Meanwhile, the 2-3 year holders transferred $1.41 billion, and the 1-2 year holders moved $450 million. This recent transfer activity among the 1-5 year holding group represents the fifth-largest peak in this cycle, primarily driven by long-term holders. Reviewing other peaks in this cycle, October 2024 saw $9.25 billion dominated by the 1-2 year group, March 2024 had $6.11 billion led by the 2-3 year group, February 2025 recorded $5.42 billion also led by the 2-3 year group, and November 2024 saw $4.39 billion dominated by the 3-5 year group. The current activity suggests that long-term holders are accelerating the release of their Bitcoin holdings.