Bitcoin OG Selling Eases, Dormant BTC Movement Hits 4-Year Low

Bitcoin OG Selling Eases, Dormant BTC Movement Hits 4-Year Low

Dormant Bitcoin movement fell to its lowest level since Q3 2022 in the second quarter, according to Galaxy’s Alex Thorn.

Dormant Bitcoin Supply Falls To Four Year Low As Old Holders Stop Selling

Bitcoin that had sat untouched for years moved less in the second quarter than at any point since Q3 2022. Galaxy Digital's head of research, Alex Thorn, shared the data on X. It points to long-term holders pulling back from the heavy selling of the past two years.Thorn tracked this through coin days destroyed, a metric that weights old coins more heavily when they move. That figure dropped alongside dormant coin movement, confirming the same pa…

Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Galaxy

Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking.