CryptoQuant: Older Bitcoin Wallets Are Moving Again
- —CryptoQuant reported increased movement of older BTC
- —Analysts say the activity does not imply immediate selling
- —The Ledger migration could amplify the transfers
- —BTC trading volume remains thin amid mixed market signals
Why it matters: Renewed activity in old wallets could signal a shift in Bitcoin supply and affect price direction in the coming days.
Source: Coinfomania