In an intriguing development on the Bitcoin blockchain, on-chain data indicates that tokens aged between three and five years have recently seen movement, highlighted by two substantial transactions. This activity has drawn the attention of analysts and enthusiasts alike, potentially foreshadowing shifts within the market.
3 To 5 Years Old Bitcoin Supply Has Seen Movement Recently
According to a recent post by a community analyst, two notable transactions involving older Bitcoin tokens have taken place, attracting significant interest. The focus is on the Spent Output Age Bands, a metric that tracks the movement of tokens across various age groups on the network.
The specific age band of interest includes coins that have remained dormant since their acquisition between January 2021 and January 2023, a period encompassing both the explosive price gains of the 2021 bull market and the following bear market of 2022. Recently, it was noted that 539 BTC were transferred in one transaction, followed by another transfer of 1,566 BTC from the same age group.
The implications of these movements are significant; as the analyst noted, when dormant tokens wake up, it often indicates strategic repositioning by investors or early holders deciding to cash out. This interesting behavior will prompt speculation on whether these transactions mark a brief anomaly or if we are witnessing a trend where long-term holders decide to reallocate their assets.
In other related insights, emerging data from the same source has revealed key metrics regarding digital asset exchanges. Notably, CryptoQuant’s 2025 review indicates substantial concentration of stablecoin activity within Binance, which holds a staggering $47.6 billion in USDT and USDC combined, accounting for a remarkable 72% of stablecoin reserves across the ten largest exchanges.
Additionally, Binance has not only dominated the stablecoin landscape but also led 2025 in overall trading activity, with approximately $7 trillion in spot trading volume recorded during the year.
While Binance’s dominance in trading volume is noteworthy, it should be mentioned that it comprises 41% of the total spot trading volume among the top ten platforms, with a similar 42% share in futures trading. Overall, while spot and futures trading volumes within the cryptocurrency sector saw growth compared to 2024, it’s pertinent to note that the growth rate year-on-year has shown signs of decline.
BTC Price
As of now, Bitcoin appears to be consolidating, hovering around the $92,200 mark. Investors will be keenly watching market movements as these recent transactions unfold, potentially signaling significant shifts in sentiment and strategy among holders.
