历史悠久的比特币在2025年搅动

随着在整个加密货币市场中观察到的强劲看涨表现，比特币已转向上行轨迹，突破了关键阻力水平。

Bitcoin (BTC) has returned to an upside trajectory as it breaks through a key resistance level amid the robust bullish performance across the general crypto market.

比特币（BTC）在整个通用加密市场的强劲看涨表现中突破了关键阻力水平，因此恢复了上行轨迹。

In a surprising twist that has quickly caught the sector’s attention, old BTC investors are making their presence known in the market with massive coins moved in recent months following the resurgence in upward movements.

令人惊讶的转折很快引起了该行业的关注，旧的BTC投资者在市场上的大量硬币在向上移动的恢复之后，近几个月来推动了大量硬币。

As the market rally continues, Bitcoin has risen to levels above $93,000 after many months of bearish actions. During this volatile period, Bitcoin sleeping giants are beginning to wake up, demonstrating strong belief in the asset’s long-term potential.

随着市场集会的继续，经过几个月的看跌行动，比特币已上升到93,000美元以上的水平。在这个动荡的时期，比特币睡眠巨头开始醒来，表现出对资产长期潜力的强烈信念。

In a quick-take post on the CryptoQuant platform, a market expert, known as OnChainSchool, noted that old dormant BTC has been on the move since the beginning of 2025. At present, more than twice as much long-dormant Bitcoin has been moved in the first three months of 2025 compared to the same time period in 2024.

在CryptoQuant平台上的快速接触帖子中，市场专家（称为Onchainschool）指出，自2025年初以来，旧的休眠BTC一直在移动。目前，在2025年的前三个月中，与2024年相比，在2025年的头三个月中，长期休眠的比特币已移动了两倍以上。

“Long-dormant BTC springing back to life suggests a potential shift in sentiment among older or early investors. The sudden action of these old investors could denote a turning point in Bitcoin’s market dynamics, be it for profit-taking, portfolio adjustments, or preparing for the next leg of the bull market.”

“长期的BTC恢复生命表明，年长或早期投资者之间的情绪可能发生了转变。这些旧投资者的突然行动可能表示比特币市场动态的转折点，无论是为了获取利润，投资组合调整还是准备下一个牛市的下一条领域。”

The data shared by the expert shows that about 62,800 BTC aged over seven years were spent between January and March 2025. During the same period in 2024, over 28,000 BTC were observed being moved, making a 121% increase in the movement of old coins.

专家共享的数据表明，在2025年1月至2025年3月之间，大约有62,800 BTC年龄在7年中。在2024年的同一时期，观察到超过28,000 BTC被移动，使旧硬币的运动增加了121％。

It is important to note that this analysis excludes the 141,000 BTC related to the Mt. Gox transfers in May 2024. This exclusion is done to provide a clearer focus on organic market activity between Q1 of 2024 and Q1 of 2025.

重要的是要注意，此分析不包括2024年5月与Gox Transfers有关的141,000 BTC。此外，进行了排除，以更清楚地关注2024年第1季度至2025年第1季度的有机市场活动。

According to the expert, the increase might indicate a change in mood among long-term holders, which could be driven by modifications in the macroeconomic environment, anticipations for prices, or institutional liquidity needs.

据专家说，增加可能表明长期持有人的情绪变化，这可能是由宏观经济环境中的修改，价格预期或机构流动性需求驱动的。

Bitcoin's price has stabilized as it approaches critical resistance levels. Amid the renewed upward trend, there has been a significant divergence in behavior between long-term and short-term BTC holders.

比特币的价格在接近关键阻力水平时稳定。在更新的上升趋势中，长期和短期BTC持有人之间的行为差​​异很大。

Recent reports indicate that long-term BTC holders have been rapidly accumulating more coins, while short-term holders are capitulating and selling into weakness. LTH accumulation and STH capitulation usually mark the beginning of a re-accumulation phase.

最近的报道表明，长期BTC持有人一直在迅速积累更多的硬币，而短期持有人则屈服和销售成弱点。 LTH积累和STH投降通常标志着重新蓄能阶段的开始。

BTC's Long-Term Holders Net Position Change has turned positive for the first time since the local top, signifying that seasoned investors have resumed accumulating after several months of continuous distribution. In contrast, short-term holders are still liquidating their holdings, with net outflows deepening into negative territory.

自当地顶级以来，BTC的长期持有人的净位置变化首次转变为积极，这表明经验丰富的投资者在经过几个月的连续分配后恢复了积累。相比之下，短期持有人仍在清算其持股，净流出加深到负面的领土。