Bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points, CryptoQuant warned in a post.On-chain behavior from this group has historically served as an early signal for major price action, according to the post. Mid-term holders are typically considered to be traders that hold a cryptocurrency for anywhere between three to 12 months.They tend to be more reactive to market conditions than long-term holders but less impulsive than short-term traders, making their movements especially telling during transitional periods
source: https://www.coindesk.com/markets/2025/04/18/bitcoin-volatility-expected-as-170k-btc-shift-from-mid-term-holders-cryptoquant