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According to an on-chain analyst, the movement of dormant Bitcoins (BTC) increased by 121% in Q1 2025 compared to Q1 2024.
This shift may signal that long-term investors are reacting to broader economic trends or anticipating market changes.
In a recent post on CryptoQuant, the analyst revealed that investors moved around 28,000 dormant Bitcoins in Q1 2024. March was particularly noteworthy, with approximately 19,296 BTC moved. This was in contrast to the lower figures in January (approximately 3,034 BTC) and February (approximately 5,678 BTC).
“In the first three months of 2025, more than twice the amount of long-dormant Bitcoin has been moved compared to the same period in 2024,” the post read.
Comparing this to the first quarter of 2025, the total amount of Bitcoin moved was notably higher. Over 62,00 BTC, dormant for over seven years, was transferred. Specifically, investors moved 24,595 BTC in January, 21,820 BTC in February, and 16,456 BTC in March.
The analyst suggested that this surge in activity reflects a shift in sentiment among long-term Bitcoin holders. This shift could be driven by macroeconomic factors, evolving price expectations, or institutional liquidity demands.
Notably, 2025 has proven to be a turbulent year for Bitcoin. Geopolitical shifts, rising trade tensions, and growing economic concerns have significantly impacted the market.
Recently, Glassnode pointed out that Bitcoin has experienced its deepest drawdown of the cycle. In its weekly newsletter, the firm emphasized that investors are facing intense pressure. Furthermore, many are currently experiencing their largest unrealized losses ever.
“Current unrealized losses are largely concentrated among newer investors, while long-term holders remain in a position of unilateral profitability. However, an important nuance is emerging, as recent top buyers age into long-term holder status, as noted, the level of unrealized loss within this cohort is likely to increase,” the newsletter read.
However, Glassnode noted that BTC’s dip remains within the typical range of previous corrections seen in bull markets. Importantly, Bitcoin has also been on a recovery rally lately.
Over the past week, its value has appreciated by 8.9%. Yet, daily losses stood at 2.2%. At the time of writing, BTC was trading at $92,164. The decline wasn’t isolated, as the broader crypto market also experienced a correction.
Meanwhile, the increased movement of dormant assets is not limited to Bitcoin. A parallel trend has emerged in the Ethereum (ETH) market. Data from Lookonchain showed that in early February, a whale deposited its entire holdings of 77,736 ETH into Bitfinex after being inactive for six years.
In early April, Onchain Lens posted about an eight-year dormant whale moving 11,104 ETH worth 19.97 million.
“Of this, 247.93 ETH was sent to Coinbase and 10,856 ETH to a new wallet. The whale initially withdrew ETH for $2.51 million from Kraken and Gemini, 8 years ago,” Onchain Lens added.
This asset movement reflects investors’ strategic repositioning amid economic uncertainty.
The post Dormant Bitcoin Movements Surge by 121% in Q1 2025 Amid Sentiment Shifts appeared first on BeInCrypto.
The post Should You Be Bullish on POL (Prev. MATIC) Price? Will It Ever Reach $1? appeared first on Coinpedia Fintech News
The crypto market is witnessing some cautious declines today, with the total market capitalization dropping below $2.9 trillion. Major tokens like Bitcoin and Ethereum slipped, driven by profit-taking and market consolidation. Meanwhile, the POL (Prev. MATIC) price has been showing strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance within the market, which may help the MATIC price to keep up the bullish trend.
The POL price surged over 14% to $0.2529, breaking the key resistance on strong volume amid bullish sentiment. This upward momentum follows a volatile month for POL, which plunged to a 30-day low of $0.1533 in the first week of April before staging a dramatic rebound. The current price action not only marks a striking short-term gain but also signals a potential end to the prolonged downtrend that defined the POL since December 2024.
The rally was catalyzed by the announcement of the Agglayer Breakout Program, which aims to incentivize POL staking through project airdrops. This has increased the activity within the ecosystem and also the demand for the token has risen significantly. Technically, POL broke out above a critical resistance zone near $0.22, which had capped prices during weeks of accumulation. Therefore, this decisive move, supported by a rise in volume and open interest, suggests a genuine shift in the market sentiment, which could initiate a 30% to 40% rise.
As seen in the above chart, the POL price has broken above the descending trend line but failed to secure levels above $0.257, which is an important resistance level. The crypto attempted to surpass the upper band of the Gaussian channel that could have validated the beginning of a bullish trend. However, the bears restricted the move, but the MACD formation suggests the upswing may continue as the levels are heading back to the positive range for the first time in 2025.
Therefore, the POL (Prev. MATIC) price is expected to close the day’s trade above $0.257, which could validate the bullish divergence. Some overbought signals may prompt short-term volatility, but the token’s reversal from recent lows and a rise in the trader’s attention suggest the POL price could enter a new bullish phase soon.
The post Should You Be Bullish on POL (Prev. MATIC) Price? Will It Ever Reach $1? appeared first on Coinpedia Fintech News
The crypto market is witnessing some cautious declines today, with the total market capitalization dropping below $2.9 trillion. Major tokens like Bitcoin and Ethereum slipped, driven by profit-taking and market consolidation. Meanwhile, the POL (Prev. MATIC) price has been showing strong bullish momentum and has delivered an impressive performance today. This validates its growing relevance …
Today is poised to be a pivotal moment for both traditional financial markets and the cryptocurrency landscape, as noted by…