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Who’s Really Moving Bitcoin?
Hero Portfolio
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Data shows 700,000 BTC held 6–12 months and 650,000 BTC held 1–2 years moved in 2024–25, while coins dormant 5+ years accounted for only 50,000 BTC.
Blockstream CEO Adam Back says charts indicate the majority of movement is recent-cycle traders, not OG holders.
#BTC #CryptoAnalysis #BitcoinPrice #OnchainData
