Recent on-chain data indicates a surge in activity among long-time Bitcoin investors during the current market cycle.<\/p>\n
CryptoQuant’s Head of Research, Julio Moreno, highlighted an increase in activity among original Bitcoin investors compared to previous cycles.<\/p>\n
The “10+ Year-old Coins Expending Ratio” measures the movement of coins dormant for over a decade within the last 30 days, reflecting a rise in activity from long-time investors, which is uncommon and noteworthy.<\/p>\n
A chart displays the trend in the 10+ Year-old Coins Expending Ratio, showing a significant spike in March, reaching an all-time high of 3.7%, likely driven by profit-taking following an ATH break.<\/p>\n
Following a decline during a price correction, the ratio rebounded to 2.5%, indicating continued awakening of ancient whales in recent months.<\/p>\n
Old coins movement typically associates with long-term holders, potential losses, or forgotten wallets, with some sales possibly from long-standing OGs and others from new investors.<\/p>\n
Bitcoin is currently trading at approximately $68,500, showing a 2% increase in the last week.<\/p>\n","protected":false},"excerpt":{"rendered":"
Recent on-chain data indicates a surge in activity among long-time Bitcoin investors during the current market cycle. Large Movements in Bitcoin 10+ Year Old Tokens CryptoQuant’s Head of Research, Julio Moreno, highlighted an increase in activity among original Bitcoin investors compared to previous cycles. The “10+ Year-old Coins Expending Ratio” measures the movement of coins […]<\/p>\n","protected":false},"author":1,"featured_media":12506,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Bitcoin OGs Return: A Rise in 10-Year Old BTC Spending This Cycle - Bitrabo","description":"Recent on-chain data indicates a surge in activity among long-time Bitcoin investors during the current market cycle. Large Movements in Bitcoin 10+ Year Old To"},"footnotes":""},"categories":[316],"tags":[4402,448,449,916,1880,4401,1219,4403],"class_list":["post-12505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-10year","tag-bitcoin","tag-btc","tag-cycle","tag-highest","tag-ogs","tag-return","tag-spending"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/12505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=12505"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/12505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/12506"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=12505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=12505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=12505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}