On-chain data shows tokens aged between 3 and 5 years old have just moved on the Bitcoin network with two large transactions.
3 To 5 Years Old Bitcoin Supply Has Seen Movement RecentlyIn the context of the current topic, the age band of interest is the one containing coins that have been dormant for between three and five years. Here is the chart for the Bitcoin Spent Output Age Bands shared by Maartunn that shows the data specifically for this cohort:
As is visible in the above graph, the Bitcoin Spent Output Age Bands have captured two large transactions from the 3 to 5 years age band during the past couple of days. The first of these involved 539 BTC, while the second moved 1,566 BTC.
The 3 to 5 years age band corresponds to coins that were purchased between January 2021 and January 2023, essentially covering the cycle spanning over the 2021 bull market and 2022 bear market. Thus, the tokens that have just been moved were held by investors who had been sitting silent since buying in the previous cycle.
“Dormant supply waking up is often a signal—either smart money rotating or early holders exiting,” explained the analyst. It now remains to be seen whether these transactions were a temporary deviation or if long-term holder whales will make more such moves in the near future.
Binance also dominated 2025 in spot trading activity, recording close to $7 trillion in volume.
Binance’s dominance of trading volume wasn’t quite as stark as that of its stablecoin reserves, however, as it made up for 41% of the total spot volume among the top 10 platforms. The exchange’s share of the futures trading volume was similar, coming out at 42%.
Overall spot and futures trading volume in the cryptocurrency sector grew during 2025 compared to the end of 2024, but the yearly growth rate declined.
BTC PriceBitcoin has been moving sideways recently as its price is still trading around the $92,200 level.
