According to data from on-chain analysis platform CryptoQuant, hundreds of Bitcoins acquired in the last decade have begun to be transferred again years later. This situation can be considered a bearish signal for BTC investors.

CryptoQuant analyst J.A. Maartunn noted that long-held Bitcoin assets have moved significantly in the past few hours. These transfers indicate that BTCs held for years have changed hands: 883 BTC, 363 BTC, and 985 BTC held for 5-7 years; 525 BTC and 144 BTC held for 7-10 years. The movement of such “old” BTCs suggests that investors may potentially intend to sell.

Are Bitcoin investors expecting a price drop?
A sudden movement in Bitcoins, which usually remain stationary for a long time, may indicate a bearish expectation in the market. If investors are transferring BTCs that they have stored for years, this may reflect concerns about profit taking or price declines.

Large volumes of BTC transfers can increase selling pressure in the markets, causing prices to fall. Therefore, this movement should be monitored carefully, as selling by old BTC holders indicates that the market may enter a short-term downtrend.