Awakening of $BTC sleeping wallets hints at preparation for a reset

The CryptoQuant team noticed that wallets that had been inactive for the past 2-3 years began to show activity.

Since August 11, previously sleeping addresses have moved about 18,536 BTC.

Last night, analysts drew attention to the movement of 5,684 coins that had been lying idle for about 6 months. And on August 12, owners of addresses that had been sleeping for 6-12 months moved about 2,588 BTC.

The main "old-timers" were 2,394 coins that had been dormant for 3 to 5 years.

Usually, based on such data, experts assume the possibility of another reset and this time is no exception, potentially large sales may occur in the coming days.

BTC is showing itself weakly and cannot consolidate in the range of $61,000 - $62,000, which one way or another indicates a bearish trend.

The only thing that can save is if the crypto from these wallets gradually comes to the exchange, and not all at once, then there will be no large-scale drawdown.