Bitcoin (BTC) Whales have exhibited different activities over the past few days. As Spots With encryption, these large holders moved 31,968 BTC dormant for three to five years. The value of these transactions in the chain is approximately $3.78 billion.
Door Bitcoin Movement and Price Turning Points
The notable development in these transactions is that they have not been dormant for too long. This makes it important given that most whales are usually long-term investors.
A large movement of dormant bitcoin (ages 3-5) hit the chain
“31,968 BTC (≈3.78B) moved from the age group of 3-5 years. These spikes often line up at key turning points in Bitcoin prices.” – @ja_maartun pic.twitter.com/azxoozmrta
– cryptoquant.com (@cryptoquant_com) August 18, 2025
So moving such a large amount of Bitcoin suggests that owners may be considering selling or redistributing their assets to safer custody.
Interestingly, according to Historical patterns Although identified by encrypted dormant Bitcoin movements, they often align with turning points of price action. It was noted that when 33,803 BTC was moved in January 2024, the flagship cryptocurrency was marked.
Other movements were made in March, June, July and December 2024. In particular, the movements in June 2024 added sales pressure to the market recession.
This sparked debate over the possible implications of current transactions. Recent transfers can indicate a major movement in Bitcoin prices. Whether it is in an upward direction or downward direction, it remains a development that market participants must pay attention to.
Bitcoin price is $121,500 for resistance
As of the time of reporting, the price of Bitcoin was change It fell 2.52% over the last 24 hours at $115,298.11. The assets collided with the current level from $118,595.78 from the intraday high after facing resistance at $121,500.
The rejection caused orders for stop losses, accelerating the decline in the Bitcoin ecosystem. However, trading volume remains in the green zone, up 40.76% at $640.4 billion.
Meanwhile, the correlation between Bitcoin and risk assets is resurfaced as the market looks forward to the speech of Federal Reserve Chairman Jerome Powell. These developments determine how they are Price fluctuations.
