Like a seismograph recording the first tremors, CryptoQuant sounds the alarm: Bitcoin is preparing for a major shakeup.

According to the platform, 170,000 BTC, held for three to six months, have begun to move

Like a seismograph detecting the first tremors, CryptoQuant is signaling a major shift in the Bitcoin landscape. According to the platform, 170,000 BTC, held for three to six months, are now on the move on-chain. This is a historic volume, usually observed only during periods of intense market instability.

Like a seismograph detecting the first tremors, CryptoQuant is signaling a major shift in the Bitcoin landscape. According to the platform, 170,000 BTC, held for three to six months, are now on the move on-chain. This is a historic volume, usually observed only during periods of intense market instability.

As the market flits between fleeting panic and the anchoring strategies of long-term holders, the scene could not be more different.

As the market flits between fleeting panic and the anchoring strategies of long-term holders, the scene could not be more different.

Short-term Bitcoin holders: Catalysts of forecasted turbulence

Short-term Bitcoin holders: Catalysts of forecasted turbulence

Speculators are often seen as harbingers of bad news. CryptoQuant confirms this observation: short-term holders (STH), defined as those who bought Bitcoin less than six months ago, are making a massive shift of their assets.

Speculators are often seen as harbingers of bad news. CryptoQuant confirms this observation: short-term holders (STH), defined as those who bought Bitcoin less than six months ago, are making a massive shift of their assets.

CryptoQuant's data reveals that nearly 170,000 BTC are now in motion, a volume not seen since late 2021. This number is significant because every time this cohort moved their assets in such large quantities, it was followed by a violent jolt in the market.

CryptoQuant's data reveals that nearly 170,000 BTC are now in motion, a volume not seen since late 2021. This number is significant because every time this cohort moved their assets in such large quantities, it was followed by a violent jolt in the market.

These holders are known for their extreme responsiveness to market narratives. The recent Bitcoin correction below $75,000 was sufficient to trigger rushed sales from STH. On average, 930 bitcoins are leaving their wallets daily to go to exchanges. This frenzy is driven by fear of losses or the pursuit of quick gains. Their psychology weakens the market: they have a low tolerance for fluctuations, and their decisions are more impulsive.

These holders are known for their extreme responsiveness to market narratives. The recent Bitcoin correction below $75,000 was sufficient to trigger rushed sales from STH. On average, 930 bitcoins are leaving their wallets daily to go to exchanges. This frenzy is driven by fear of losses or the pursuit of quick gains. Their psychology weakens the market: they have a low tolerance for fluctuations, and their decisions are more impulsive.

However, history does not always repeat itself identically. The CryptoQuant chart shows that previous periods of intense STH activity, like the one observed in December 2020, sometimes led to rallies as quickly as crashes. Back then, a similar dynamic unfolded, setting the stage for a 70% rebound. Today, uncertainty prevails.

One thing is clear: the current activity of STH indicates an unstable landscape ready to tip. But in which direction will it fall? This question flings open the doors to speculation.

Facing the storm, long-term holders anchor the ship

At the heart of this turbulence, another category of investors embodies the calm before the storm: long-term holders (LTH). These players, often called diamond hands, do not yield to the upheaval. Their daily sales? Only 529 bitcoins, almost half the amount sold by STH. A striking contrast, revealing an unwavering conviction.

LTH play the role of an invisible stabilizer. Their strategic inertia balances the excesses of speculators. While STH fuel volatility, LTH's resistance limits the extent of corrections. CryptoQuant also highlights that this long-term conviction persists despite the shocks. It’s the mark of smart money, which does not flee but observes.

This divide between patience and panic outlines a classic “shakeout” scenario. The less experienced abandon the ship, while veterans consolidate their positions. For CryptoQuant, this correction is not an exodus, but a necessary purge. A tightening where the market sheds its fragile participants, preparing the ground for a later phase.

Between STH, ready to sell at the first tremor, and LTH, unshaken, Bitcoin crosses a zone of extreme tension. CryptoQuant, with its data, offers a compass in this fog. The promised volatility could reward the bold who think that Bitcoin will follow gold as much as it could punish the impatient. In this theater, one lesson persists: the fiercest storms often reveal the strength of the moorings. Each investor must choose their side.