- Bitcoin’s dormant addresses saw a 121% increase in activity in Q1 2025, signaling a shift among long-term holders.
- Long-term Bitcoin holders are increasing activity, with 62,800 BTC transacted in Q1 2025, up from 28,000 BTC in 2024.
- The exclusion of Mt. Gox-related transactions offers a clearer view of organic market behavior and shifting Bitcoin sentiment.
Analytics platform CryptoQuant reported that in 2025, there will be a notable change in the behaviour of BTC with inactive addresses. Since the beginning of this year up till this first quarter, the relatively dormant Bitcoin has transacted at more than twice the activity level of early 2024. The analysis of the data reveals that long-term owners of BTC have changed their behaviour pattern, which may point to changes in the market.
Surge in Dormant BTC Movement
Between January and March 2025, transactions involving 62,800 BTC were not activated for seven years. However, only 28,000 BTC were transacted during the same period in 2024. This represents a 121% increase in the movement of old coins. The increase indicates that the long-term holders are gradually increasing their activity, which may impact the market.
Dormant Bitcoin Awakens: Old BTC Moves Surge in 2025
— CryptoQuant.com (@cryptoquant_com) April 23, 2025
“62,800 $BTC aged over 7 years were spent between January and March 2025, versus 28,000 $BTC during Q1 2024 — marking a 121% increase in the movement of old coins.” – By @onchainschool pic.twitter.com/2b8xu4TfcR
However, the platform has excluded the 141,000 BTC associated with the Mt. Gox transfers for the period of May 2024. In doing so, they give a better picture of market organic activity. This means that the reported movement is not bend by factors such as Mt. Gox payouts, which significantly impacted Bitcoin activity.
These data points to the fact that long-term holders of BTC are gradually waking up their coins, meaning the bear market sentiment is subsiding. Evaluators posit that this could have been cause by macroeconomic factors, altering perception on the price expectations of BTC, orthe liquidity demands of big players in the market. This will be more interesting as the ensuing public and institutional investor interest in BTC remains high, then the shifting of those coins may reflect market developments.
Impact on Bitcoin Market Sentiment
This might bring fresh amount of BTC circulation after a long time of inactivity. The presence of such coins can impact the variations in the prices of bitcoin as well as impact the rest of the crypto market. Investment professionals will probably focus on these movements to observe long-term owners’ sentiments and their outlook for Bitcoin.
In response to such changes, the transfer of previously inactive Bitcoin may have long-term consequences for the market. Ultimately, both traders and market observers would keep their focus on them since they may provide crucial information on future development of Bitcoin’s price. The rise of inactive Bitcoin coins is an interesting phenomenon that can define the market for several months further.
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