Bitcoin (BTC) could increase volatility as it moved out of its wallet held for 3-6 months, as it is worth more than $14 billion at its current price of $84,500.
According to the post, the on-chain behavior of this group has historically served as an early signal for major price actions. Typically, medium-term holders are considered traders who hold cryptocurrencies for 3-12 months.
They tend to be more responsive to market conditions than long-term holders, but less impulsive than short-term traders, making them more moving, especially during the transition period.
A large amount of Bitcoin shifts from this cohort can indicate increased uncertainty and strategic positioning prior to expected market events. In both cases, analysts view this as an indication that a sharp move is coming, but the direction remains unknown.
A similar pattern preceded previous surges and corrections during the 2021 Bull Run and the 2022 surrender.
Bitcoin has been trading between $75,000 and $87,000 in the past few months as tensions between the US and other countries have caused market anxiety as a result of US President Donald Trump’s tariff policy.
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