The Bitcoin market is stirring again today! According to the latest data, the price of Bitcoin has fallen below $96,000, down about 11% from last December's peak of $108,000. Behind this volatility, on-chain data reveals some interesting dynamics.

At a Bitcoin network block height of 875,560, a wallet that had been dormant since 2015 was activated, transferring 44.99 BTC for the first time. More notably, this user transferred a total of 59.99 BTC, moving funds from an old address to a new one, demonstrating an adaptation to new technologies.

In addition, several old wallets from 2017 have also started to become active. Although the amount of Bitcoin transferred is small, this pattern cleverly conceals larger-scale transfers, ultimately resulting in a new wallet receiving nearly 100 BTC, worth almost ten million dollars.

These on-chain activities not only showcase changes in Bitcoin holders' strategies but also bring new uncertainties to the market.