Significant movement among 6-12 month old Bitcoin holders is now evident.

Between December 4 and 7, around 179,000 Bitcoins were moved.

These holdings are largely comprised of Bitcoins accumulated during the long consolidation period from March to October this year. Most likely, these coins are now being realized as profits near the $100,000 level.

A significant change in the Long-Term SOPR data, a key indicator of price declines during a bull cycle, was also recorded. Similar signals were an important benchmark for the major sell-off earlier this year in March.

Despite the market volatility, optimism towards BTC remains high.