Bitcoin OG selling eases as dormant BTC movement hits 4-year low: Thorn
Summary
Bitcoin’s dormant coin movement fell in the second quarter to its lowest level since Q3 2022. Coin days destroyed also declined, signaling reduced spending of older coins. The drop suggests long-term holders have slowed selling after heavy distribution in 2024 and 2025. Earlier spikes were attributed to older investors taking profits, a pattern seen in Bitcoin’s 2017 bull market. Lower dormant activity often indicates long-term holders are keeping coins off the market rather than distributing them, which can reduce selling pressure.
