在比特幣的[BTC]價格上漲中，長期持有人開始移動硬幣。

據密碼分析師Maartunn稱，來自3-5歲樂隊的8,511 BTC在最後一天移動了鏈上。

Long-term Bitcoin [BTC] holders are starting to move their coins amid the cryptocurrency's price surge, data from blockchain analytics firm CryptoQuant showed.

區塊鏈分析公司CryptoQuant的數據顯示，由於加密貨幣的價格飆升，長期比特幣[BTC]持有人開始移動硬幣。

Over the last day, 8,511 BTC from the 3-5 year age band moved on-chain. The latest move marked the 22nd instance this year in which over 5k BTC from this cohort has been reactivated.

在最後一天，來自3-5歲樂隊的8,511 BTC移動了鏈。最新舉動標誌著今年第22個實例，該實例已重新激活該隊列的5K BTC。

Source: CryptoQuant

資料來源：加密

The reactivation led to a rise in the 90-day Coin Days Destroyed (CDD). This suggests that, as Bitcoin's price climbs, older coins are being redistributed, potentially reaching new market participants.

重新激活導致90天的硬幣日被破壞（CDD）。這表明，隨著比特幣的價格上漲，重新分配了較舊的硬幣，可能會吸引新的市場參與者。

In the past day, CDD spiked from 5 million to 29 million, signaling fresh demand. Additionally, average dormancy fell from 42 to 33, indicating that new buyers are actively entering the market.

在過去的一天中，CDD從500萬到2900萬，這表明了新的需求。此外，平均休眠量從42下降到33個，表明新買家正在積極進入市場。

Source: CryptoQuant

資料來源：加密

According to CryptQuant analyst Maartunn, the latest movement of old Bitcoin appears to have originated from Grayscale, which transferred the BTC to newly created addresses.

據密碼分析師Maartunn稱，舊比特幣的最新動作似乎起源於灰度，將BTC轉移到新創建的地址。

However, it remains uncertain whether this volume reflects actual ownership changes or an internal adjustment.

但是，尚不確定該卷是反映實際所有權變化還是內部調整。

Historically, Grayscale's ETF flows have sometimes been negative, and these movements may be linked to upcoming or recent outflows.

從歷史上看，灰度的ETF流量有時是負面的，這些運動可能與即將發生的或最近的流出有關。

Still, Exchange Netflow data suggests this transfer is likely an internal reshuffling, meaning the reactivated BTC has not been deposited into exchanges.

儘管如此，Exchange NetFlow數據表明，這種轉移可能是內部改組，這意味著重新激活的BTC尚未存放到交換中。

Source: CryptoQuant

資料來源：加密

Exchange Netflow shows that Bitcoin has recorded three consecutive days of negative value. A sustained period of negative netflow indicates markets are seeing more withdrawals than deposits, which is usually a bullish signal.

Exchange Netflow顯示，比特幣連續三天記錄了負值。持續的負網絡持續時期表明，市場的提款比存款更多，這通常是看漲的信號。

Looking at CDD, it currently sits at 23.8 million, a decline from 29 million. This marked a 6 million drop over the last day. A drop here suggests that large holders have started to reduce their expenditure after the recent surge.

從CDD看，目前處於2380萬，從2900萬美元下降。這標誌著最後一天下降了600萬。這裡的一滴水錶明，在最近的激增後，大型持有人已經開始減少支出。

This is often interpreted as bullish, as long-term holders are starting to take a step back in the market.

這通常被解釋為看漲，因為長期持有人開始退後一步。

Impact on BTC

對BTC的影響

While the movement of old coins can raise concerns, this recent transfer was not directly deposited into the exchanges.

儘管舊硬幣的運動可能引起人們的關注，但這種最近的轉移並未直接存放在交易所中。

The reactivated Bitcoin remains in private wallets, meaning it has not negatively affected price action. Accumulators still dominate the market, reinforcing a bullish outlook.

重新激活的比特幣仍留在私人錢包中，這意味著它沒有對價格行動產生負面影響。累加器仍然主導著市場，增強了看漲的前景。

However, if Grayscale decides to sell these coins, it could trigger outflows and push BTC down to $104K. On the other hand, if current conditions persist, Bitcoin's uptrend is likely to continue, potentially surpassing $107K and reaching $108K.

但是，如果Grayscale決定出售這些硬幣，它可能會觸發流出，並將BTC降至104K美元。另一方面，如果當前狀況持續存在，比特幣的上升趨勢可能會持續下去，可能超過107,000美元，達到108,000美元。

Bitcoin price movements for the past 72 hours. Credit: Benzinga

過去72小時的比特幣價格變動。學分：苯金加

Despite the crypto behemoth's resilience, a substantial shift in the 3-5 year old band could herald a change in the market dynamic. A sustained period of coin movements from this band, especially if channeled into exchanges, might exert downward pressure on BTC.

儘管加密龐然大物的韌性具有彈性，但3-5歲樂隊的實質轉變仍可以預示市場動態的變化。從該頻段進行的硬幣運動持續的時期，尤其是在交換中，可能會對BTC施加向下壓力。

Conversely, if the large-scale coin movements continue without impacting the exchanges, it bodes well for Bitcoin's continued ascent.

相反，如果大規模的硬幣動作繼續而沒有影響交流，則它對比特幣的持續上升效果很好。

Stay tuned to Benzinga for more crypto coverage.

請繼續關注Benzinga，以獲取更多加密貨幣。