Bitcoin experienced a notable rise last week, breaking out of its recent range and displaying high volatility. This surge in activity also reactivated previously stagnant networks, indicating renewed interest.

Short-term holders transferred 33,155 bitcoins, as evidenced by the 1w-1m spent output age bands. This movement could introduce immediate selling pressure. The current slowdown in price suggests a potential pullback for Bitcoin.

If these age band movements continue to increase, extra caution is advised, as volatility could intensify. Monitoring these trends is crucial for understanding market dynamics and making informed decisions.